US House to vote on bill to make daylight saving time permanent
US House to vote on bill to make daylight saving time permanent
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Stamp duty costs deter homeowners from moving, data shows
Stamp duty costs are preventing homeowners from moving, according to analysis from property portal Zoopla, with bills reaching five figures across southern England. Richard Donnell, Executive Director at Zoopla, said that where stamp duty becomes a “meaningful friction”, transactions are abandoned. “For home movers, stamp duty is a near-certain cost wherever you live – and…
Why transparency could become the most valuable service in wealth management
Walk into any wealth management conference today, and you will still hear the old gospel: top performance, maximum access (which assumes impeccable transparency), and mutually beneficial relationships. Based on my numerous participations in such events, these were the industry’s holy trinity, and for good reason. But look closer, and the reality is already different. As…
Greater Toronto home sales up 9.4% in June as board predicts price growth could come
By Sammy Hudes With 6,770 homes in the region changing hands in June, activity was up 9.4% year-over-year, while sales also rose 1.4% from May on a seasonally adjusted basis. The Toronto Regional Real Estate Board says the average selling price decreased 3.9% year-over-year to $1,058,658, and the composite benchmark price, meant to represent the…
Mamdani Remains Bullish on Office-to-Resi Conversions
Office-to-residential conversions haven’t fallen out of favor with the mayor. Buckling columns at the former Pfizer headquarters in Midtown weren’t enough to deter the mayor’s pursuit of office-to-residential conversions as part of his broader housing plan for 200,000 units over the next decade. The risky situation at 235 East 42nd Street on Tuesday was partially…
Tenants could claim £25,000 in compensation under PRS Ombudsman scheme
8:30 AM, 8th July 2026, 2 hours ago 3 The government hints tenants could be awarded compensation of £25,000 under the PRS Ombudsman Scheme. Under the Renters’ Rights Act, the PRS Ombudsman scheme will provide quick, fair, impartial and binding resolution for tenants’ complaints about their landlord. However, as previously reported by Property118, Peers have…
Feds Pay $1.5B for Two Immigration Detention Centers in California – Commercial Observer
The federal government has spent nearly $1.5 billion to acquire two California detention centers from prison operator CoreCivic, marking one of the largest real estate deals tied to the Trump administration’s expansion of immigration enforcement. The U.S. Department of Homeland Security (DHS) purchased the 1,994-bed Otay Mesa Detention Center in Greater San Diego for $739.2…
