Housing

Rents will rise and homelessness quadruple in a decade unless serious steps to cut emissions are taken, University of Sydney researchers findFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGlobal heating could worsen housing affordability, push up rents and quadruple homelessness in a decade without fairer housing policies and action to reduce emissions, new research has found.Home prices and rents in Australia are influenced by a complex mix of factors, from incomes and mortgage rates to insurance premiums, available land and population. Continue reading...

Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on propertiesFears of higher mortgage rates and rising inflation as a result of the Middle East conflict are leading to a subdued and downbeat housing market, according to estate agents.Demand from potential homebuyers across England and Wales has shown a “noticeable softening” recently, according to a monthly survey of estate agents by the Royal Institution of Chartered Surveyors (RICS). Continue reading...

Changes to capital gains tax and negative gearing will make the strategy of renting in a preferred area while buying a cheaper property elsewhere less attractive, experts sayExplore all of our 2026 Australia federal budget coverageFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastRent-vesting – a popular strategy used by young Australians to save for their first home – could be killed off by Labor’s tax changes on investment properties, experts warn.Renters have used the strategy to keep living in their preferred area while buying a cheaper property elsewhere, hoping it will rise in price so they can sell and put the profits towards their first home. Continue reading...

Opposition leader to unveil plan to dramatically cut number of migrants in budget reply speech on ThursdayExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastThe Coalition will directly link Australia’s temporary immigration intake to the number of new homes built around the country, using housing completion figures as a hard ceiling for overseas arrivals.The opposition leader, Angus Taylor, will outline the plan to dramatically cut the number of migrants arriving into the country in his budget reply speech on Thursday night, while also promising a new $5bn housing infrastructure fund and a weakening of the national construction code to speed up building and reduce cost. Continue reading...

• House Republicans are pressing forward with modifications to a Senate-passed housing package on May 12, even after President Trump urged passage of the original version without changes. • The effort coincides with administration pushes for $1 billion in security funding within a larger party-line spending package focused on immigration enforcement, potentially supporting Trump's ballroom project. • Secret Service Director Sean Curran met with Senate Republicans on Tuesday to secure backing, amid Trump's June 1 deadline for lawmakers to clear the legislation.

Labor’s ambitious and politically risky tax reform aims to help first home buyers and foster intergenerational fairnessFederal budget 2026 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastJim Chalmers has announced the most ambitious and politically risky tax changes since the Howard era as part of a federal budget that defies the looming economic threat of the Iran war to push Australia along the “hard road to reform”.Arguing that the Australian public is ready for difficult choices aimed at reviving intergenerational fairness and the collapsing dream of home ownership, the government will scale back tax breaks for landlords by abolishing negative gearing for new investors and replacing the 50% capital gains tax discount with the inflation-linked approach that existed before 1999. Continue reading...

Labor’s anticipated reforms are not a panacea, but they could nudge Australia toward a more equitable trajectoryGet our breaking news email, free app or daily news podcastThe Albanese government is preparing to unveil a budget that will recast housing as shelter – rather than a financial tool – in changes that have already sparked heated warnings that rents will rocket and housing supply will be curtailed.Those warnings are best ignored. Continue reading...

The First Nations woman has been on the priority public housing list in WA since 2023. Despite nearly dying from sleeping rough, she still has a two year wait.Get our breaking news email, free app or daily news podcastThe family of a homeless First Nations woman who is sick with septicemia fear she will die without a safe home, but advocates warn it could be years before she reaches the top of the public housing waiting list.Andrea Woodley has been in and out of hospital for weeks with sepsis, triggered by infected blisters on her feet after sleeping rough in inner city Perth. The Noongar, Budimaya and Nyikina woman and her loved ones fear that without a home she is at risk of death. Continue reading...

Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved its estimate for the annual rate of growth due to the conflict in the Middle East.Halifax, which is part of Lloyds – Britain’s biggest mortgage lender – said that the cost of a typical UK home fell by 0.1% in April, to £299,313. This followed a 0.5% fall in March. Continue reading...

Advertised prices for new rental listings rising at fastest pace since October 2024. Follow updates Get our breaking news email, free app or daily news podcastAustralia’s housing market is at its slowest for almost 18 months as buyers stick to cheaper properties and abandon interest in the top end of the market.Figures today from the data firm Cotality show Melbourne and Sydney house prices fell 0.6% in April. Melbourne’s home values have now fallen 1.9% since November, with Sydney’s down 1%. Continue reading...

Noongar woman Mary Ann Miller died of sepsis, while homeless to avoid an allegedly abusive ex-partnerWarning: This article contains images of and references to Indigenous Australians who have diedThe family of an Aboriginal mother of seven who died just weeks after giving birth say the Western Australian government knew she was experiencing domestic violence and fearing for her safety weeks before her death.Mary Ann Miller died of sepsis in Fiona Stanley hospital on 28 March, two weeks after giving birth to her son and after she was allegedly assaulted and had her nose broken by her former partner. Guardian Australia is not suggesting the alleged assault contributed to her death. Continue reading...

• The Trump administration is dismantling civil rights protections in housing that have been used to challenge discriminatory practices, marking a significant shift in federal enforcement of fair housing laws. • The policy reversal affects regulatory mechanisms historically used to combat housing discrimination and bias, with implications for fair lending and rental practices across the United States. • Civil rights advocates and housing advocates are expected to challenge the rollback, with potential legal battles anticipated over the constitutionality and necessity of the protections.

Estate agents say rising mortgage costs have created a mood of fear, with Canterbury among the cities being hitHave you lost a mortgage deal or seen your rate rise?On a warm, spring morning in Canterbury, the cobbled streets are buzzing with activity and the white Tudor houses gleam in the sun.It is a scene that seems far removed from events in the Middle East, but the conflict is undermining business and consumer confidence – rattling the city’s housing market just as the spring selling season began. Continue reading...

Datacentres ‘directly competing’ with possible residential builds near public transport, one council tells NSW inquiry, amid growing concernsGet our breaking news email, free app or daily news podcastDatacentre developments are crowding out opportunities for housing and job-rich industries across Sydney, a New South Wales inquiry has heard, with one local council reporting a rise in blackouts linked to the industry’s expansion.Several Sydney councils, all facing an influx of datacentre developments, have raised concerns about the health, environmental and amenity impacts on their local communities in submissions to the state’s datacentre inquiry. Continue reading...

Simon Dudley fired after his comments were condemned by prime minister and families of fire victimsReform UK’s housing spokesperoson has been sacked his role after he described the Grenfell Tower fire as a “tragedy” but said that “everyone dies in the end”.Keir Starmer had called on Nigel Farage to sack Simon Dudley, a former head of Homes England, after his comments, which were condemned by Grenfell families and others. Continue reading...

Labour says it is ‘untenable’ for Simon Dudley to continue in his role after he said that Grenfell was tragic ‘but everyone dies in the end’Good morning. One of the big policy decisions for all parties ahead of the next election is whether or not to keep the pensions triple lock. Most mainstream economists and welfare experts think it is overly generous (pensioners used to be significantly poorer than working-age people, but that is no longer the case), and ultimately unaffordable. But it is popular, and pensioners turn out to vote in elections in much higher numbers than younger people.The Conservatives at one point suggested they might drop it, but Kemi Badenoch now defends the triple lock quite strongly. Labour has not said what its election plans are yet. Nigel Farage, the Reform UK, says he will take tough decisions to cut welfare spending, and he was thought to be sceptical about the triple lock. But Robert Jenrick, his Treasury spokesperson, is thought to be in favour, and at a press conference later they are expected to confirm Reform UK would keep it.Reform UK is facing calls to sack its housing spokesman after he said the Grenfell Tower fire was a “tragedy” but that “everyone dies in the end”.Simon Dudley, a former executive at Homes England and the Ebbsfleet Development Corporation, said the pendulum had “swung too far the wrong way” on regulation after the deadly blaze at the west London tower block in 2017.If Nigel Farage has an ounce of decency, he will sack his housing chief immediately.These disgraceful comments about those who died in the Grenfell Tower fire are beyond the pale and it is completely untenable for Simon Dudley to continue in his position. Continue reading...

• The Trump administration has proposed a federal regulation that would prohibit families with mixed immigration status from receiving housing assistance or living in public or Section 8 housing. • The proposal could evict approximately 80,000 people, including 37,000 children who are U.S. citizens, forcing mixed-status families to choose between homelessness or separation. • Advocates argue the rule directly targets immigrant families and contradicts current policy allowing federal housing assistance for families with mixed legal status, where the government only pays for individuals with legal status.

Policymakers should address financial barriers that hinder young people from starting families, says thinktank Politicians hoping to persuade young people in the UK to have more children should prioritise tackling housing affordability, according to research by the Resolution Foundation thinktank.There has been growing concern in recent years about Britain’s declining birthrate, given the long-term fiscal pressures of supporting an ageing population. Continue reading...

Exclusive: Capital gains tax discount and negative gearing rules created ‘extra artificial incentive’ for property speculation, the e61 Institute has foundGet our breaking news email, free app or daily news podcastThe combination of the capital gains tax discount and negative gearing rules has turbocharged debt-fuelled property speculation over recent decades, according to a new analysis of hundreds of thousands of property investments.The federal budget in three weeks’ time is widely expected to include changes to tax breaks for investors, in an effort to rebalance the tax system away from the wealthiest Australians and to take pressure off home prices. Continue reading...

• On March 25, 2026, Colorado Gov. Jared Polis signed House Bill 26-1001, the Housing Options Made Easier (HOME) Act, enabling public schools, colleges, and universities to bypass local zoning rules for building housing within three miles of municipalities or counties over 5,000 population. • Developments can reach three stories or match local height limits, marking the first major 2026 housing law in a Democratic push for affordable stock; Polis also signed Senate Bill 26-001 expanding local tax use and credits for workforce housing. • The bill passed despite all Republicans and two House Democrats opposing it, aiming to address housing shortages through institutional properties.

• The U.S. Senate passed its version of the 21st Century ROAD to Housing Act (H.R. 6644) by a 89-10 vote, sending it back to the House for reconciliation on federal housing policy reforms. • This bipartisan legislation aims to ease housing development barriers, building on prior House actions amid national affordable housing efforts.

Bill Pulte reportedly urges examination of alleged fraud as New York attorney general’s lawyer attacks ‘vendetta’ The Trump administration’s federal housing director Bill Pulte is asking prosecutors to investigate New York attorney general Letitia James for insurance fraud, according to criminal referrals reported by MS Now and CBS News.The referrals to prosecutors in Florida and Illinois allege that James may have committed mortgage insurance fraud. The allegations center on applications made to Universal Property Insurance company, which is based in Florida, and Allstate in Illinois. Continue reading...

• The U.S. Senate passed the 21st Century ROAD to Housing Act on March 24, 2026, sending it back to the House to increase housing supply through reforms. • The legislation targets zoning and permitting barriers to boost construction amid ongoing housing shortages. • Passage marks a key step in addressing national housing crisis, potentially easing affordability for millions if enacted.

Homes built from March 2028 will produce 75% less greenhouse gas emissions than those built to 2013 standardBuyers of new homes are likely to be shackled to high gas prices for years to come, as the government has delayed bringing into force new regulations on low-carbon housing.Most newly built homes will come equipped with solar panels and heat pumps from March 2028, according to updated regulations for England called the “future homes standard” (FHS), but the government has relented on plans for more stringent rules under pressure from housebuilders. Continue reading...

First responders report 33 injured at multiple sites in Dimona, including a 10-year-old boy in serious conditionMiddle East crisis live – latest updatesAn Iranian missile has hit the Israeli town of Dimona, home to a nuclear facility, in what Iran said was retaliation for strikes on its own nuclear site at Natanz.Dimona hosts a facility just outside the main town widely believed to possess the Middle East’s sole nuclear arsenal, although Israel has never admitted to possessing nuclear weapons. Continue reading...

• The Senate passed H.R. 6644, the 21st Century ROAD to Housing Act, on March 12, 2026, with a bipartisan vote of 89 to 10, combining housing supply and community investment measures. • The bill includes provisions to raise caps on bank community development investments, update the definition of manufactured housing to include modular and prefabricated homes, and restrict large institutional investors from purchasing single-family homes. • The White House Office of Management and Budget issued a statement strongly supporting the Senate amendment and indicating the president's advisors would recommend signing it into law if presented in its current form.

• The Senate passed a major bipartisan housing bill on March 12, 2026, with an 89-10 vote, marking the largest housing legislation in 36 years, co-sponsored by Senator Tim Scott (R-SC) and Elizabeth Warren (D-MA). • The bill implements a hard cap preventing institutional investors from purchasing additional single-family homes once they own 350 properties, and requires build-to-rent homes to be sold within 7 years, triggering depreciation recapture. • The legislation expands manufactured housing definitions to allow factory-built homes without steel chassis, broadens multifamily lending standards, and accelerates permitting timelines to increase overall housing supply.

Borrowers coming off fixed deals hit hard as Savills says big spike in interest payments made up half the overall rise UK households spent a record £226bn to keep a roof over their heads last year, figures showed on Monday, with mortgage borrowers finishing fixed-rate deals particularly hard hit by rising payments.Overall housing costs have gone up by £66bn over the past five years, a rise of 41%, the property group Savills said. Continue reading...