News Australia bans foreigners from buying houses Canberra has announced that for two years from April 2025, foreign buyers will be unable to purchase existing homes in the country. The move is intended to relax price pressure…
News ‘DOGE’ job cuts will hurt energy infrastructure and housing, senators say US senators are demanding answers from the Trump administration over what they say are damaging consequences for energy infrastructure and housing after deep and sudden staffing cuts at government departments…
News Kim Jong-un breaks ground on 10,000-home scheme with massive explosion North Korea has celebrated the beginning of a scheme to build 10,000 flats with a huge explosion, detonated by Kim Jong-un, the country’s supreme leader. The ‘groundblasting’ was held on…
News Canada to spend $680m on Toronto’s waterfront ‘city within a city’ The Canadian government is joining forces with the Ontario provincial government and the city of Toronto to fund a major housing scheme on Toronto’s waterfront. They’ll contribute a combined US$680m…
News Trump’s tariffs will stoke US housing crisis, builders say Donald Trump’s 25% tariffs on goods imported from Canada and Mexico, announced Saturday, will raise the cost of vital materials used in residential construction and fuel the housing affordability crisis,…
News New South Wales launches housing delivery body to fast-track large schemes The government of New South Wales (NSW) has announced that in the three weeks since it launched the Housing Delivery Authority (HDA) it received 96 submissions which if approved would build…
News Hungary’s largest developer plans 1,000 homes in Budapest Hungary’s largest residential housing developer has announced plans to increase its building programme in Budapest by 1,000 units next year. It said this was a response to rising demand and…
News UNStudio’s Chongqing towers resemble ’castles in the sky’ Construction has been completed at a five-tower residential project in Chongqing, designed by Dutch architect UNStudio on behalf of Singaporean developer GuocoLand. The towers will vary between 16 to 51…
Innovation London researchers help build Indian school with ‘Sugarcrete’ Researchers at the University of East London (UEL) have built a school in India out of a new low-carbon building material made from the pith left after sugar cane is…
News Foster + Partners designs undulating Brazilian beach hotel British architect Foster + Partners has unveiled its design for a beachfront development in the southern Brazilian state of Santa Catarina. The Tempo hotel and residences overlooks the surf beach…
News €100m from EU to boost Lithuanian housing renovation The European Investment Bank (EIB) and the government of Lithuania have approved a €100m loan to fund housing renovation in the country. The initiative aims to unlock €625m in total…
News Dutch municipalities to build trailer parks to tackle housing crisis In response to a worsening housing crisis, seven Dutch municipalities are moving ahead with plans to create flexible districts with prefabricated mobile homes, dubbed “flexcities”. The districts will consist of…
News World Bank lends Mexican developer $301m to build green housing The International Finance Corporation (IFC), part of the World Bank, will lend $301m to a developer in Mexico to build “affordable, green housing”. The loan is going to developer and…
News Mexico to build a million homes buyable with zero-interest mortgages The newly elected president of Mexico, Claudia Sheinbaum, has launched a plan to build a million homes people can buy with zero-interest mortgages. Her “Housing and Regularisation Programme” aims to…
News Strabag unit to build €250m residential complex in Abu Dhabi Zublin Construction, a unit of Austria’s Strabag, has been selected to build a €250m luxury residential development on Yas Island in Abu Dhabi. “Sea la Vie” by developer Nine Yards…
News Germany to relax regulatory standards to boost housing output The government of Germany has put forward a bill to boost housing output by streamlining regulations. The Building Type E Act aims to lower the cost of building to ameliorate…
News Saudi Arabia forms company to accommodate employees working on large projects Saudi Arabia’s Public Investment Fund (PIF) has created a company to act as a property developer and landlord for workers at major construction sites. The Smart Accommodation for Residential Complexes…
News Aecom lands water role as Ontario courts housing boom Aecom has won a contract to provide programme management for new water infrastructure in the Peel Region municipality west of Toronto as it prepares for a surge of new housing…