Housing Industry News

Housing market sees 'North-South divide' amid 'surprisingly strong' confidence

News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The average price tag on a home jumped by £4,333…

Housing market sees 'North-South divide' amid 'surprisingly strong' confidence

The average price tag on a home jumped by £4,333 month-on-month in May amid “surprisingly strong” market confidence, according to a property website. Across Britain, the typical price of a home coming to market increased by 1.2%…

KOSPI market cap overtakes greater Seoul housing market amid AI-led rally

The market capitalization of the benchmark Korea Composite Stock Price Index (KOSPI) is estimated to have surpassed the total value of the housing market in the greater Seoul area amid a stock rally led by an artificial intelligence (AI) chip boom…

A house for £1? What a day at a property auction taught me about the UK housing crisis

Amid the high-stakes bustle of numbered paddles shooting up and gavels banging down, an unexpected voice calls desperately from the corner of the auction room. “That's my house,” shouts the woman, watching her home of 20 years up for…

White House touts U.S.-China deals following Trump's Beijing trip

May 18 (UPI) -- China has agreed to purchase at least $17 billion worth of U.S. agricultural products per year through 2028, the White House said Sunday as it touted agreements made during President Donald Trump 's trip to Beijing. Trump returned…

Map: Where house prices have risen across UK amid North-South divide

Rightmove has revealed where house prices have risen across the UK in May amid “surprisingly strong” market confidence. The typical price of a home coming to market increased by 1.2 per cent to reach £378,304, which is a…

Exclusive | Trump's Latest White House Renovation Plan: A Helipad on the South Lawn

Chong blames Oh for housing woes, unveils expanded support plan for young renters

The ruling Democratic Party of Korea's (DPK) Seoul mayoral candidate Chong Won-o on Monday unveiled a package of housing measures aimed at easing financial pressure on young people and newly married couples, while accusing rival Oh Se-hoon of…

White House ballroom loses federal funding for security proposed by Senate Republicans

A US official has struck down security funding allotted for President Trump's White House ballroom project from a proposed spending package, in a win for Democrats. The Senate rule-keeper ruled against the use of taxpayer funds in the bill on…

China to buy at least US$17 billion in US agricultural products annually, White House says

China has committed to purchasing at least US$17 billion (HK$132.6 billion) of U.S. agricultural products in each of 2026, 2027, and 2028, the White House said in a fact sheet released on Sunday. SCROLL TO CONTINUE WITH CONTENT The commitment was…

White House: China to buy at least $17B in US agricultural products per year

The White House said Sunday that China is set to purchase at least $17 billion in agricultural products from the U.S. per year, a move that comes after President Trump's recent China trip. In a fact sheet released Sunday, the White House said that…

'Nowhere to go': Residents fear the future as caravan park makes way for housing

Five Ways Caravan Park is closing and for some of its residents, their sense of sadness at leaving their friends is mixed with the growing anxiety of being yet to find new homes. “I've got nowhere to go,” Richard Szabatura said. It's…

UK hotspots where Gen-Zs are getting on housing ladder revealed by lender

Getting on the property ladder in your 20s may seem unattainable for many aspiring homeowners but in some parts of the UK the average first-time buyer age is as young as 27, analysis by a major mortgage lender has found. Nestled in picturesque…

The 'affordable' housing policies that subsidised a rental unit listed for $925 a week

Australia's multibillion-dollar investment in social and affordable housing is helping to pay for thousands of relatively high-priced new apartments that people on lower incomes cannot afford and in some cases are explicitly blocked from occupying.

Tax is a great motivator but will Labor's changes fix Australia's housing mess?

Both the Albanese government and the opposition want to turn back the clock on the Australian tax system. Labor plans to return capital gains tax to the pre-1999 system of adjusting for inflation instead of simply halving it, and the Coalition…