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INDUSTRY NEWS
Home prices rebound in February amid interest rate cut
National home prices rose by 0.40% in February, reaching a new record and reversing recent minor declines.
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Celebrity Homes
Former Mafia Boss Paul Castellano’s Staten Island mansion is back on the market
A Staten Island mansion once owned by notorious mafia boss Paul Castellano has hit the market with a price tag of $18 million (AUD $27.5 million).
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INTERNATIONAL
Floyd Mayweather expands real estate empire with US$402 million Manhattan purchase
Floyd Mayweather has unveiled his latest and most expensive real estate investment yet, acquiring 62 buildings in Manhattan for a staggering $402 million (AUD $617 million).
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INDUSTRY NEWS
Apartment rents cool in the US, but family homes stay pricey
Renters in the United States may find better deals on apartments this year, but those looking for single-family homes will likely continue to face high costs, experts say.
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INDUSTRY NEWS
Aussie homeownership dreams remain strong despite market pressures
A new LJ Hooker survey has revealed that despite soaring property prices and mortgage pressures, Australians remain committed to the dream of owning their own home. The findings highlight a continued belief in real estate as a solid investment, as well as the key home features buyers refuse to compromise on.
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Featured Content
Real estate growth: is bigger always better?
For real estate professionals, the pressure to scale quickly can be intense. Whether it's expanding a property portfolio, growing a real estate team, or increasing transaction volumes, the industry often equates success with rapid growth. But, can growing too fast do more harm with good?
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INDUSTRY NEWS
Buying a unit can shave nearly two years off first-home buyer savings time
First-home buyers in Australia can enter the property market nearly two years sooner by purchasing a unit instead of a house, according to Domain’s latest First Home Buyer Report.
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FEATURE INTERVIEWS
Green homes: trend or trade-off? What buyers really want
As sustainability takes centre stage in global real estate, the big question for agents is: should they be preparing for an influx of demand for green homes, or is the shift still more industry-led than buyer-driven?
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Celebrity Homes
Check out Elvis Presley’s former Beverly Hills retreat with million-dollar views
A Beverly Hills home once owned by Elvis Presley has been listed for $24.5 million (AUD $37.3 million).
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INTERNATIONAL
Apollo expands real estate reach with $2.3 billion acquisition of Bridge Investment Group
Apollo Global Management has announced a $2.3 billion (AUD) ($1.5 billion USD) all-stock acquisition of real estate investment firm Bridge Investment Group, strengthening its real estate investment platform.
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Celebrity Homes
Olympic champion Grant Hackett lists luxurious Brighton mansion for up to $8.4m
Australian Olympic swimming legend Grant Hackett and his wife Sharlene have placed their luxury five-bedroom, five-bathroom Brighton home at 11 Rothesay Avenue on the market, with price expectations ranging from $7.95 million to $8.4 million.
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INTERNATIONAL
Buying beats renting in Pittsburgh and Detroit
In a rare trend reversal, Pittsburgh, Pennsylvania, and Detroit, Michigan, have emerged as the only two US metro areas among the top 50 where buying a home is currently cheaper than renting, according to the Realtor.com January 2025 Rental Report.
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INDUSTRY NEWS
NSW Government’s Low and Mid-Rise policy to unlock 112,000 homes over five years
The Minns Labor Government’s Low and Mid-Rise housing policy is set to deliver 112,000 new homes across New South Wales over the next five years, as the second stage of the reforms comes into effect on 28 February.
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INDUSTRY NEWS
Productivity failures are holding Australia back, says report
Australia’s housing affordability crisis is being worsened by three decades of declining productivity in home construction, with new research revealing that the sector is building homes at half the rate it did in 1995.
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Celebrity Homes
Sir Robert Menzies’ historic Melbourne residence up for sale at $9 million
A landmark home once owned by Australia’s longest-serving Prime Minister, Sir Robert Menzies, has been listed for sale in Kew, Melbourne, with expectations of up to $9 million.
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Video of the Week
Should you ever negotiate your commission as a real estate agent?
Commission negotiation is a hot topic in real estate, but the truth is, discounting your commission isn’t always the right move. Whether you hold firm or make strategic concessions, the key is understanding when, why, and how to handle these conversations like a pro.
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INTERNATIONAL
Dubai’s rapid growth brings housing strains
Dubai’s meteoric rise as a global hub has shown no signs of slowing down, but its booming real estate market, skyrocketing population, and worsening congestion are putting growing pressure on residents.
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INTERNATIONAL
Miami’s ultra-luxury market hits overdrive: US$100M+ listings are the new normal
From Miami Beach to Palm Beach, billionaire buyers are snapping up ultra-luxury estates, redefining the region’s real estate landscape.
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Celebrity Homes
Historic London penthouse from ‘Oliver!’ is selling for $3.54 million
A stunning penthouse in a converted warehouse that once served as a backdrop for the 1968 Oscar-winning film ‘Oliver!’ is now on the market for £1.85 million (AUD $3.54 million).
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FEATURE INTERVIEWS
The workplace effect: how office design impacts productivity and recruitment
While businesses have long focused on tech upgrades to boost efficiency, research suggests they may need to turn their attention back to workspace layout, lighting, air quality, and ergonomics, which have a significant impact on how well employees perform.
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INTERNATIONAL
New Orleans continues rebuilding 20 years after Hurricane Katrina
Nearly 20 years after Hurricane Katrina, New Orleans is still repairing homes and reinforcing flood protection systems following the storm that caused US$201.3 billion in damages, killed over 1,800 people, and displaced millions.
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Celebrity Homes
Britney Spears’ former Beverly Hills home listed for $12.2 Million
A Beverly Hills mansion once owned by Britney Spears is back on the market with an asking price of $8 million (AUD $12.2 million).
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INDUSTRY NEWS
RBA cuts interest rates to 4.1% – what does it mean for real estate?
The Reserve Bank of Australia (RBA) has lowered the cash rate to 4.10%, marking the first rate cut in years and offering potential relief for buyers, investors, and homeowners.
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Celebrity Homes
Renée Zellweger’s former California ranch Listed for sale
A sprawling Southern California estate once owned by Renée Zellweger has hit the market for $7.995 million (approximately AUD $11.5 million).
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INTERNATIONAL
UK student housing market sees record investment from real estate developers
Real estate developers are investing heavily in the UK student housing sector.
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Celebrity Homes
Andy Cohen drops $2 million off the price of his West Village, NY apartment
Bravo star Andy Cohen has reduced the asking price of his luxurious New York City duplex by $2 million (AUD 3.05 million), six months after initially listing it for $14 million (AUD 21.4 million).
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FEATURE INTERVIEWS
Talk less, close more: why real estate agents need to master the art of silence
In real estate, the temptation to talk is constant. You want to showcase your expertise, highlight market trends, and reassure clients that you have everything under control. But sometimes you need so stop talking - and start listening.
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INDUSTRY NEWS
Victorian short-stay tax hitting domestic violence victims in emergency accommodation
Domestic violence survivors seeking emergency shelter through Airbnb are being charged Victoria’s new short-stay tax, prompting urgent calls for an exemption.
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Celebrity Homes
Steve Wynn re-lists lavish Beverly Hills mansion for US$75 Million
Billionaire casino mogul Steve Wynn has put his Beverly Hills estate back on the market for US$75 million (AUD$114 million), marking another attempt to sell the sprawling property after multiple price adjustments over the years.
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SUPPLIER NEWS
GXE is transforming property investment with innovation and clarity
GXE, co-founded by Ed Hooper and Andrew Armstrong, is on a mission to revolutionise how property developers, investors, and fund managers manage their investments.
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INDUSTRY NEWS
Greg Ellis appointed Interim CEO as Domain reports strong FY25 growth
Greg Ellis, former REA Group CEO, has been named interim CEO of Domain Group, stepping into the role for up to 12 months while the company continues its search for a permanent replacement.
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INDUSTRY NEWS
Where your buyers will find love this Valentine’s Day: Ray White reveals Australia’s dating hotspots
Are your buyers looking for love this Valentine’s Day? Where they buy may influence their chances more than you think, according to new data from Ray White Group Senior Data Analyst, Atom Go Tian.
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BEST PRACTICE
Mastering the art of booking more appointments
In real estate, everything starts with a simple formula: book appointments, get contracts signed, and repeat. Yet, as 2025 unfolds, many agents are struggling to do just that. Whether they’re new to the industry or seasoned professionals aiming to scale their business, the challenge remains the same: how do you consistently generate enough appointments to hit your goals?
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INDUSTRY NEWS
LJ Hooker’s brand reset to draw in new agents
LJ Hooker is hoping a bold new brand reset will attract fresh talent to the network, offering agents cutting-edge marketing tools, instant brand recognition and streamlined systems.
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FEATURE INTERVIEWS
How bad styling mistakes can make or break a sale
When it comes to selling a home, first impressions matter. Buyers begin forming opinions within seconds of stepping through the front door, often making subconscious judgments before they’ve even toured the entire property. From the moment they pull up outside, everything - from the condition of the front yard to the scent in the entryway - plays a role in…
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