The Icelandic man who destroyed his house in protest at it being sold in a repossession auction in 2008 has now been charged with wilful damage to property. He has also been charged with deceiving two couples to give him money. Read the full story

The law on pet ownership in Iceland has been changed to make it easier for people and their pets to live in shared buildings. Read the full story

The so-called Grondalshus House was this week ripped off its foundations at Vesturgata 16b in Reykjavik and carefully moved to Orfirisey, where Reykjavik’s master renovators are based. Read the full story

A man in his twenties succumbed to a house fire in central Reykjavik last night, despite a daring rescue effort by police officers before fire fighters arrived on the scene. Read the full story

Five times fewer property purchase contracts were recorded in Reykjavik in the first seven months of the year, compared to the same time in 2007, according to information from the Icelandic Property Registry. Purchase contracts have gone down by roughly half compared with January-July last year. Read the full story

“We have already put in an advertisement here in the local paper in Selfoss and also decided to advertise in the New York Times. There is a slight difference between them” says Olafur Snorrason, owner of a gorgeous, two-storey house at Reynivollur 8 in Selfoss, Iceland. Read the full story

Around 80 percent of estate agents in Iceland have lost their jobs so far this year. “The situation is very serious,” Gretar Jonsson, head of the Association of Estate Agents told MBL.is. “Most estate agents’ owners are just hoping against hope that the market will pick up again over the coming months.” Read the full story