Read the latest news from regional and global sources, presenting different voices and perspectives.
San Jose housing tower lurches into default as property market wobbles
Silicon Valley - California
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July 8, 2025
SAN JOSE — A San Jose housing tower with well over 300 units has lurched into a loan default in a fresh and ominous sign of weakness for the multifamily residential market. The Fay, a 23-story apartment building at the corner of South First Street...
Temasek’s Mapletree Investments eyes expansion in data centres, logistics and student housing
The Business Times Singapore
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July 8, 2025
[SINGAPORE] Temasek’s Mapletree Investments said it will look at opportunities to expand and diversify its footprint in data centres, logistics and student housing, three of its four core sectors. For data centres, it sees a surge in demand...
Cost of housing construction increases by 30%, end consumers dominate among buyers - expert
Interfax Ukraine
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July 8, 2025
Since the beginning of the war, the cost of housing construction has increased by 30%, the share of investment transactions has decreased, end consumers dominate among buyers of primary housing, said Arseniy Nasikovsky, junior partner of the DIM...
Seattle’s Landmark Payroll Tax Initiative Aims To Fund Affordable Housing
The Seattle Medium - Washington State
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July 8, 2025
In February 2025, Seattle made headlines among housing advocates nationwide when approximately two-thirds of voters approved a ballot initiative introducing a new 5% payroll tax on salaries exceeding $1 million. This initiative is projected to...
California walks back environmental law for housing, advanced manufacturing
Construction Dive
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July 8, 2025
The California Legislature has rolled back provisions of the California Environmental Quality Act in an effort to spur housing construction and cut red tape for other types of projects, according to a June 30 news release from Gov. Gavin Newsom,...
Delistings Accelerate as Sellers Hit Pause, Realtor.com Reports
RIS Media - Connecticut
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July 8, 2025
More and more sellers are pulling their listings off the market. In May, delistings surged 47% nationally, year-over-year, in a sign that sellers are more willing to wait rather than negotiate, according to Realtor.com®’s latest monthly housing...
Gunman receives deadly comeuppance during ambush on Border Patrol agents — just days after officer shot near ICE facility
The Blaze
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July 8, 2025
A gunman clad in tactical gear was shot dead after ambushing U.S. Border Patrol agents outside a federal annex facility in Texas — just days after a police officer was shot in the neck while responding to a suspicious person near an Immigration...
Marcus & Millicahp closes sale of 26-until retail property in Indiana
REJournals
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July 8, 2025
Photo courtesy of Marcus & Millichap. Marcus & Millichap brokered the sale of Holiday Center, a four parcel, 26-unit retail strip property in Columbus, Indiana, for $4.6 million. Forest Bender and Joseph DiSalvo, investment specialists in Marcus &...
The Broker who says ‘Yes’ when Banks say NO
Australian Times
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July 8, 2025
For years, one local in Sydney had aspired to own and operate her farm outside the city. After putting in the effort—finding a property, researching her loan options, and eventually being pre-approved—she was so close to realizing her goal. That...
How the US's 30% tariff on South African goods could impact property prices
IOL
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If South Africa is unable to significantly increase its exports to other countries, the United States' 30% tariff on all the country’s imported goods could set back the local property market. On the other hand, it could also create exceptional...
Three Madison housing policy proposals move forward in City Council
The Cap Times - Wisconsin
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The housing package backed by Madison Mayor Satya Rhodes-Conway and a majority of the City Council is advancing through committees. Council members next plan to vote on expanding Madison’s housing ordinances at their meeting Tuesday, July 15. City...
A 500-acre estate that spent 11 centuries in the same family, for sale for only the second time in its history
Country Life
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July 8, 2025
The hill above the ancient village of Llanfair Talhaiarn, one of many hidden villages that line the lovely valley of the Elwy in North Wales, is the idyllic setting for the historic 507-acre Garthewin estate. This is an ancient part of an ancient...
UN-Habitat chief Anacláudia Rossbach: ‘We have a global housing crisis, 300 million people are living on the street’
El País
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July 8, 2025
The executive director of the United Nations Human Settlements Programme (U.N.-Habitat), economist Anacláudia Rossbach, 55, met with this newspaper in Madrid, having just arrived from Seville, where she participated in the IV International...
Ambush on Texas ICE agents: 10 charged with attempted murder; 'not a peaceful protest', says US attorney
The Times of India
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In Texas, ten individuals face charges for ambushing law enforcement near an ICE facility on July 4th, injuring an officer. Dressed in black, the group allegedly fired at officers and vandalized property with anti-ICE graffiti. Separately, a man...
In Partnership With Planned Parenthood, City Looks to Develop Affordable Housing Project
Pasadena Now - California
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Pasadena plans to develop affordable housing on two adjacent North Lake Avenue properties through a joint partnership with Planned Parenthood Pasadena & San Gabriel Valley. The Department of Housing will present the proposal Tuesday, July 8, at a...
Seattle sued over its mandatory housing affordability program — again
The Columbian - Washington State
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A small construction company and two homeowners in Seattle are suing the city over its mandatory affordable housing program that requires developers either build or help pay for below-market-rate homes. The lawsuit, brought by the...
D.C.’s largest shelter, CCNV, explores plans to develop new complex combining shelter, affordable housing
Street Sense Media - Washington D.C.
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The Community for Creative Non-Violence (CCNV), the District’s largest emergency homeless shelter since 1984, plans to build a new co-ed facility on its site that would combine short-term shelter capacity and apartment-style affordable housing...
City Council approves replacement of Park Avenue public housing
KBIA - Missouri
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July 8, 2025
The Columbia City Council approved the replacement of 79 public housing units along Park Avenue on Monday night. The reasons for replacement are the age of the units, which were constructed in 1964, and “significant problems with collapsing sewer...
Banff Housing Corporation home values jump 4 per cent
Rocky Mountain Outlook
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July 8, 2025
One home sale in the BHC's equity share portfolio sold in 2024, with a market value of $993,750 but price to buyer of $796,987. BANFF – The overall assessed value of Banff Housing Corporation’s (BHC) entire portfolio jumped by four per cent from...
Petition to fix Hackney estate lifts torn down after housing officer said it 'may be inappropriate'
MyLondon
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July 8, 2025
Hackney residents say their petitions demanding better maintenance and repairs are being destroyed or torn down when they put them up on their estate. Leaseholders and tenants have urged the Town Hall for a permanent fix to "daily" lift failures...