Search Results for: united kingdom
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NEWS
Duchy development: Prince William’s plan to end UK homelessness
Prince William will build 24 homes in the Duchy of Cornwall as part of a commitment to eradicate homelessness in the United Kingdom.
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Elite Agent
Why further RBA interest rate hikes are less likely now than even 1 week ago
Since Australia’s Reserve Bank hiked interest rates two weeks ago, there have been two important developments – one in the United States and the other in the United Kingdom.
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INTERNATIONAL
Five ways the UK housing market can progress post-pandemic
It's more than one year since the onset of the COVID-19 pandemic in the United Kingdom (UK). The effects are noticeable in all sectors and the housing market has certainly not been spared.
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Elite Agent
Healthy housing agenda needed
The World Health Organisation has always been interested in housing as one of the big “causes of the causes”, of the social determinants, of health. The WHO launched evidence-based guidelines for healthy housing policies in 2019. Australia is behind the eight ball on healthy housing. Other governments, including in the United States, United Kingdom and New…
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INDUSTRY NEWS
“Buyers are back”, as higher prices boost confidence
The likelihood that rate hikes have ended and rising prices, has seen buyers return to the market according to a new report.
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INDUSTRY NEWS
We need a ‘lemon law’ to make all the homes we buy and rent more energy-efficient
A long-awaited increase in energy-efficiency requirements for new homes is part of revised Australian construction standards that have taken effect this week.
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COMMERCIAL
Banking crisis could see reduced investment in Australian property
The turmoil across the US and European banking sector could see reduced investment in Australian commercial and residential property according to an expert.
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INDUSTRY NEWS
Inspect Real Estate joins forces with Reapit ANZ
Reapit ANZ, backed by US private equity firm Accel-KKR, has added local real estate software company InspectRealEstate to its portfolio.
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INDUSTRY NEWS
Australia’s empty offices could be the key to solving the housing crisis
Turning empty office buildings in Australia’s CBDs into housing via a process known as asset repurposing could help solve the country’s housing affordability issues, according to a new report from PRD.
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INDUSTRY NEWS
MRI Software a step closer to PropTech Group acquisition
MRI PropTech group is edging closer to closing its deal for ASX-listed PropTech Group, with PropTech shareholders voting to approve the scheme of arrangement that will see MRI subsidiary Rockend Technology take over the Australian company.
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APPOINTMENTS
Glenn Sanford appointed eXp Realty CEO again
Glenn Sanford has again been appointed as chief executive officer of eXp Realty, the virtual real estate brokerage he founded in 2009.
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COMMERCIAL
Foreign buyers behind half of 2022 commercial property investment
More than half of all commercial property sales in 2022 have been to overseas buyers according to new data from Ray White Commercial.
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NEWS
eXp Realty heads to New Zealand
Cloud-based brokerage eXp Realty is continuing its rapid worldwide growth by expanding its real estate operations into New Zealand, the Dominican Republic, and Greece in the first quarter of 2022.
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NEWS
Kiwis eye-off Australian real estate in greater numbers
New Zealand property seekers have their eyes firmly on the Australian real estate market, outranking the US and China as the overseas cohort with the largest increase in property searches Down Under.
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SUPPLIER NEWS
PropertyGuru appoints REA Group CEO Owen Wilson to board of directors
Southeast Asian-based PropTech company, PropertyGuru has announced that REA Group Chief Executive Officer (CEO) Owen Wilson has joined its board as a non-independent director.
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INTERNATIONAL
What $1 million will buy you around the world in 2021
While Australia's house prices continue to rise, Ray White Chief Economist Nerida Conisbee has considered whether you could find better value in one of your favourite holiday destinations.
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INTERNATIONAL
Overseas investment in US homes falls to the lowest level in a decade
Overseas buyers purchased US$54.4B worth of existing homes in the US from April 2020 through March 2021. This was the lowest level in a decade.
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Insights
Productivity of our large cities is at risk due to unaffordable housing
Economic growth and productivity in Australia's largest capital cities appears to be slowing, says new research.
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NEWS
PropTech Group to buy Eagle Software as part of growth initiative
PropTech Group has agreed to buy Eagle Software for $7.5 million as part of its objective to own and operate property technology businesses in the Australian, New Zealand and United Kingdom real estate markets. Under the agreement the payment will include $4.1 million in cash and $3.4 million in scrip. It forms part of a wider, $17.5 million equity raising…
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INDUSTRY NEWS
Expats and international investors stoking the local market
International investors and expats looking to return home to Australia are continuing to show strong interest in many markets across the country and are contributing to upward pressure on house prices.
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INTERNATIONAL
Smart home technology used by 10 million British residents in 2021
Smart home technology has made a major breakthrough in British mainstream culture over the past few years, reaching a new peak in 2021. There are currently 10 million United Kingdom (UK) residents using smart home technology, which allows consumers to control appliances, thermostats, lights and other devices remotely using a smartphone. The rapid adoption of this new technology is projected…
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LEADERSHIP
Two Australian cities listed in the top five for entrepreneurial success
Sydney and Melbourne have been highlighted as two of the best cities in the world for aspiring entrepreneurs to start their own business.
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NEWS
Virtual real estate brokerage eXp celebrates growth milestone
eXp World Holdings have announced the company has exceeded 40,000 agents globally. This represents a year-over-year increase of 60 per cent when compared to 25,000 agents at this same time last year. Publicly traded eXp World Holdings and its global brokerage, eXp Realty, has been pursuing an aggressive growth strategy around the world with a presence in the United States,…
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Elite Agent
‘Pain before gain’ – Investors will return with the international students
“Investors who already own property and are suffering may want to hang in there for another six or 12 months."
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Elite Agent
Australia hits Top 20 in Global Home Price Index
Australia has ranked 19th in the world for house price growth for the year to June 2020, according to the Knight Frank Global House Price Index Q2 2020. The index tracks the movement in mainstream residential pricesacross more than 50 countries and territories worldwide using official statistics. It showed Australia’s house prices grew 6.1 per cent over the year to…
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NEWS
@realty’s virtual tools to accelerate business
National real estate group @realty has seen its sales volumes increase by 20 per cent in the first half of the year, with its virtual network and online sales tools helping agents to navigate border closures. @realty significantly invested in its bespoke software last year, including virtual sales tools that have helped to close deals on multi-million dollar properties with…
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NEWS
Six changes Australia could implement to improve liveability during lockdown
There is no doubt Australians’ mental health and quality of life are suffering during the nationwide shutdown as a result of the coronavirus pandemic. If Australia’s existing ‘shutdown’ turned into a ‘lockdown’ in localities where a spike in the growth of COVID-19 infections occurs, our ability to cope could be seriously diminished. Italy, Spain, France, Germany, Poland, the United Kingdom,…
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NEWS
Melbourne and Sydney dominate luxury price growth
Luxury residential price growth in Australia is highest in Sydney and Melbourne, according to the results of the Prime International Residential Index (PIRI 100) in Knight Frank’s The Wealth Report 2020, released today. The PIRI 100, which tracks the movement of luxury residential prices in 100 cities and second home markets globally between December 2018…
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NEWS
The novel coronavirus outbreak and Chinese cross-border real estate buying
Chinese Consumers at Home To understand the impact of the epidemic on Chinese cross-border real estate buying in overseas markets, it helps to first understand the situation for these buyers at home, in China. In much of the country, people are working at home or taking an enforced holiday until they can return to their…
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GUEST INTERVIEWS
Building a virtual real estate business: Jason Gesing
eXp Realty is a global cloud-based agency that has taken the industry by storm, with more than 22,000 agents joining the fold in North America and the United Kingdom. As eXp entered Australia last year, Jason Gesing was named the company’s Chief Executive Officer. We met up with him to go inside the virtual world and learn the growth story…
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Elite Agent
Business without borders: Inside eXp Realty
Since its inception in 2009, eXp Realty has broken new ground with its cloud-based real estate brokerage. Now that the USborn realtor has expanded to Australia, Kylie Dulhunty takes a look at what the virtual agency has to offer on our shores. The rapidly burgeoning cloud brokerage, eXp Realty, has hit Australian shores with its…
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NEWS
Stanton Hillier Parker relaunches Australian real estate arm
Stanton Hillier Parker has announced it will re-open its real estate arm in Australia. The business will be under the guidance of new management, offering boutique property advisory services to a diversified range of clients Australia-wide. Stanton Hillier Parker was originally formed via the merger of Hillier Parker, first established in 1896 in the United Kingdom, and Stanton & Sons…
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NEWS
Chris Storey starts a new chapter with Ray White WA
Ray White Cottesloe Mosman Park have expanded, welcoming agent Chris Storey to the team. Mr Storey has been in the industry for 20 years and credited the integrity of Directors Jody Fewster and Deborah Brady as the deciding factor of his decision to make the move. “I joined Jody and Deb to realise my potential as a salesperson,” Mr Storey…
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EPM: Case Studies
Reinventing residential rentals: Tina Grey
Every now and then in your career, you may be fortunate enough to work on a project that is truly special. A body of work that not only stimulates you but has the potential to change the very face of the industry you are so passionate about. I am living one of those moments right now. For the past couple…
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