Keywords: HOUSING


New York approves rent freeze on one million apartments in major policy victory for Mayor Mamdani

The New York City Rent Guidelines Board has voted to freeze rents on nearly one million regulated apartments for up to two years, marking a significant political victory for Mayor Zahran Mamdani shortly after taking office. The board approved the measure by a vote of seven to one, setting rent increases......

UK house prices rise 3.8% in April as market shows renewed growth, ONS says

House prices in the United Kingdom increased by 3.8% in the year to April, marking a notable rebound in the property market after a period of stagnation, according to new data released by the Office for National Statistics (ONS). The figures show a clear recovery compared with the previous month, when......

Canadian home sales rise 5.5% in May as prices edge lower

Canadian housing activity showed signs of recovery in May, as home sales increased by 5.5% compared with April, according to data released by the Canadian Real Estate Association (CREA). The rebound comes after a relatively slow start to the spring season, which is traditionally one of the busiest periods......

Morocco parliament approves reform of urban subdivision law

The lower house of parliament approved a new legal reform updating the framework governing land subdivision, housing groups, and land parceling rules. The vote passed on Monday by a majority of 120 votes in favor, 50 abstentions, and no votes against, signaling broad institutional backing despite political......

Fire in Seine-Saint-Denis apartment block leaves 13-years-old boy dead

A 13-years-old schoolboy has died following a devastating apartment fire in a residential high-rise building in Saint-Denis-Pierrefitte, located in the Seine-Saint-Denis region of northern Paris, according to local authorities. The fire broke out early Tuesday morning inside a multi-storey housing block,......

Morocco declares 62 cities free of slums under housing program

Morocco has declared 62 cities and urban centers free of slums as part of a long-running national housing policy aimed at improving living conditions for low-income households. Officials said the progress reflects sustained intervention in informal settlements and expanded public housing efforts across......

Morocco housing aid program reaches 105,000 beneficiaries under 40

Morocco’s direct housing assistance program has exceeded 105,000 beneficiaries since its launch in 2024, with young people under the age of 40 making up more than half of recipients. The initiative aims to expand access to homeownership by providing direct financial support to eligible buyers across......

Homeless deaths in France reach at least 929 in 2025, preliminary count shows

At least 929 people experiencing homelessness died in France during 2025, according to a preliminary count released by the collective Les Morts de la Rue. The figures, compiled from reports submitted by around 50 associations working with homeless populations across mainland France and overseas territories,......

Canadian bank profits expected to rise despite insolvency pressures and weak housing market

Canada’s largest banks are expected to report higher profits, even as the financial sector faces growing pressure from rising insolvencies, weaker household credit conditions, and a subdued housing market. The country’s major lenders—including Royal Bank of Canada, TD Bank, Bank of......