#housing
Latest news and interesting information about housing.
Power outage in two districts of Baku
On June 9, power outages are expected in Baku's Yasamal and Nizami districts. Repairs will cause interruptions from 10:00 to 13:00.
Residents relocated from hazardous dormitories in Ganja
Residents of hazardous dormitories in Ganja are being relocated. Some complain about the process. Aygün Yusifova expressed dissatisfaction.
New Demolitions in Baku: Which Areas Will Change?
New demolition and renovation projects in Baku: Which areas will be redeveloped? Compensation amounts and urban planning details.
New residential complex built in Lachin
New residential complex construction begins in Lachin. 340 apartments, commercial spaces, job opportunities, and modern infrastructure.
Obama Center and Museum opens June 19
The Barack Obama Presidential Center and Museum opens June 19, 2025 in Chicago. Read about the museum, library, and public spaces.
Anar Khalilov: Returnees to liberated territories under state care
Anar Khalilov: Returnees to liberated territories under state care. The Great Return Program continues with reconstruction and social support.
IDP status to change in Azerbaijan
Expert commentary on the change of IDP status. New realities and legislative updates in Azerbaijan.
IDP status and housing rights
What changes are expected in legislation regarding IDP status and housing rights? Information on housing property, social support, and other issues.
Vugar Rahimzade: Great Return is a glorious process
MP Vugar Rahimzade called the Great Return to Karabakh and East Zangezur a glorious process.
25 billion manat allocated for IDPs: MP
MP Vugar Bayramov: After the Victory, 1.654 billion manat from budget and 2.702 billion from Oil Fund allocated for IDPs. Total over 25 billion manat for restoration.
Property rights of IDPs to be ensured
A new bill discussed in parliament aims to secure property rights for IDPs, marking a milestone in human rights.
Permanent settlement fund created in liberated areas
A permanent settlement fund is created in the liberated areas. New legal amendments ensure property rights for IDPs.
Sweden tightens family reunification rules for migrants
Sweden tightens family reunification rules for migrants, increasing income requirements and introducing a two-year waiting period.
Trump appoints acting National Intelligence Director
President Trump announced William Pulte as Acting Director of National Intelligence. Learn more about the appointment.
Berkshire buys homebuilder Taylor Morrison
Berkshire Hathaway acquires Taylor Morrison for $6.8B cash. The deal includes a 24% premium and is expected to close in 2026.
Berkshire Hathaway to buy Taylor Morrison for $8.5B
Berkshire Hathaway acquires Taylor Morrison for $8.5 billion. Cash offer of $72.50 per share.
German infrastructure fund misses spending targets
Germany's €500 billion infrastructure fund fails to meet spending targets as finance ministry report shows slow progress and missed milestones.
Colombians Choose Between Left and Right in Election
Colombia's presidential election first round features leftist Ivan Cepeda, independent Abelardo De La Espriella, and right-wing Paloma Valencia. Voting is Sunday.
Census begins in Baku’s Old City
A large-scale statistical census has begun in Baku's Old City (Icherisheher) for the first time. 40 volunteers are collecting data from residents. So far, 762 people from 241 families have been registered.
Building occupies sidewalk in Baku
A building built on a sidewalk in Baku restricts pedestrian movement. Lawyer explains fines, and authorities say demolition requires court order.
S&P Affirms South Africa BB Rating
S&P Global Ratings affirmed South Africa's BB rating, citing fiscal consolidation and improving trajectory.
China home prices fall slower in 2025, forecast rise in 2027
China home prices expected to fall slower in 2025, with a forecast rise in 2027, as policy support continues but sector remains pressured.
Iceland becomes world's most expensive country
Iceland has become the world's most expensive country, surpassing Switzerland. Tourism and high housing prices drive inflation.
Freddie Mac: 30-year mortgage rate at 6.53%
Freddie Mac reports 30-year mortgage rate at 6.53%, up from 6.51% last week. 15-year rate at 5.87%.
President visits military homes in Khojaly
President Ilham Aliyev inspects renovated individual homes for military personnel in Khojaly. 191 homes equipped with electricity and gas.
New Zealand Cuts 2025/26 Budget Deficit Forecast
New Zealand narrows budget deficit forecast for 2025/26 to NZ$15.06 billion, aiming for surplus by 2029/30.
Australia Introduces Bill to Overhaul Property Tax Breaks
Australia introduces bill to overhaul property tax breaks, including capital gains discount removal, to improve housing affordability.
Fitch Downgrades Whirlpool on Iran Conflict
Fitch downgrades Whirlpool to 'BB-' due to Iran conflict impact, weaker demand, and higher costs. Negative outlook assigned.
US mortgage rate hits 9-month high at 6.65%
US mortgage rate rises to 6.65%, a nine-month high, as Iran war and inflation pressure hit housing market affordability.
S&P Upgrades Sabra Health Care REIT Outlook
S&P Global Ratings upgraded Sabra Health Care REIT's outlook to positive, citing strong credit metrics and portfolio expansion.
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