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01.06.26 - 17:06
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UK house prices fall for first time this year amid rising mortgage rates (The Guardian)
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Nationwide finds typical price was £278,024 in May, as Savills says Iran war has 'fundamentally changed' outlookBusiness live – latest updatesHouse prices fell in the UK for the first time this year in May, as rising interest rates triggered by the war in Iran hurt homebuyer demand.The price of the average UK home dropped 0.6% in May compared with the month before, according to the lender Nationwide. Continue reading......
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01.06.26 - 16:33
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Inside The Major Bill Poised To Reshape The US Housing Market (ZeroHedge)
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Inside The Major Bill Poised To Reshape The US Housing Market
Authored by Andrew Moran via The Epoch Times,
The United States may be on track to implement the first comprehensive housing legislation in decades.
For the past several years, housing affordability has been a significant subject across the country, with many young people struggling to achieve the dream of homeownership.
Lawmakers on both sides of the aisle have tried to reverse the trend by advancing the 21st Century Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025.
Here is a look inside the sweeping housing package and the path to passage.
Inside the Act
Although the current administration has examined strategies to expand access to the housing market, the bipartisan legislative initiative aims to bolster supply for middle-class families.
The bill's main provision is a limit on institutional investors' purchases of single-family homes.
Both chambers tweaked the proposal.
The Senate approved language that ...
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01.06.26 - 13:36
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Closure of Hong Kong′s Casa Hotel tied to student-housing trend after failed sale attempts (SCMP)
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Casa Hotel, a boutique hotel in Hong Kong's Yau Ma Tei district, has ceased operations after nearly two decades, with market speculation suggesting the building has been leased to a student-housing operator after repeated attempts to sell it failed.
A notice posted outside the three-star hotel said the property officially closed on May 31, thanking customers for their support over the years. No reason for the closure was given.
The 162-room hotel occupies a 14-storey commercial-residential......
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01.06.26 - 10:36
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China′s property market shows more positive signs with price, sales upticks (SCMP)
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China's home prices saw a modest recovery in May, adding to growth in March and April, as positive signs of a gradually stabilising property market continued to accumulate after five years of weakness, according to analysts.
In May, the average price of newly built residential properties across 100 Chinese cities stood at 17,156 yuan (US$2,534) per square metre, edging up 0.16 per cent from a month earlier and 2.03 per cent year on year, data from the China Index Academy showed on Monday.
The......
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01.06.26 - 10:18
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UK Nationwide House Prices Fall In May (AFX)
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LONDON (dpa-AFX) - UK house prices declined for the first time this year amid high uncertainty over the developments in the Middle East and its impact on inflation and market interest rates, data ......
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