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INTERNATIONAL
Mortgage rates rise following Trump victory
Mortgage rates surge higher on Trump victory, causing housing stocks to fall.
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INDUSTRY NEWS
Sydney’s property market shifts: insights from Domain’s ‘Matching Demand’ report
Sydney’s property market is witnessing significant change, driven by affordability, lifestyle needs, and demographic shifts.
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INDUSTRY NEWS
Brisbane surpasses major cities to rank second in Global Cost of Living Rankings
Shock as Aussie city named in global top 2 for best cost of living.
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INDUSTRY NEWS
RBA holds rates steady: what it means for the real estate market
It came as no surprise: The RBA has held the official cash rate at 4.35% marking the eighth consecutive time rates have remained unchanged.
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INTERNATIONAL
Political tensions high as one in five Americans report neighbour disputes
As Americans head to the polls, a new report by highlights the depth of political divisions in communities across the US.
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INDUSTRY NEWS
RBA Rate cut unlikely as market adapts: insights from industry leaders
As the Reserve Bank of Australia (RBA) is currently meeting to discuss monetary policy, expectations for an immediate interest rate cut remain low.
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INTERNATIONAL
Americans eye Canadian real estate as 2024 election heats up
With the 2024 US presidential election going down to the wire, there's been a marked increase in American interest in Canadian real estate.
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INDUSTRY NEWS
Auction market reports mixed outcomes
As the spring selling season continues to unfold, Australia's auction market is demonstrating varied results.
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INDUSTRY NEWS
NZ property market sees decade-high stock levels
Buyers are in the driver's seat in New Zealand as stock levels are at a ten-year high.
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INTERNATIONAL
Japan’s abandoned homes spark viral trend yet pose investment risks
As Japan faces a growing number of abandoned homes, known as akiyas, content creators are finding viral fame by buying and renovating these cheap properties.
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FEATURE INTERVIEWS
What is the Great Aussie Dream now?
The “Great Australian Dream” has changed. Once dominated by the ambition to own a home, today’s ideal centres on leading a life free from financial pressure and a focus on well-being.
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INDUSTRY NEWS
Victoria’s regional social housing boost
In a move to tackle Victoria’s housing crisis, the state government has unveiled a new breakdown of its ambitious $1 billion Regional Housing Fund.
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INDUSTRY NEWS
Do ghosts impact house prices?
As Halloween approaches, Australia’s fascination with the paranormal takes centre stage, from ghostly tales to haunted locations scattered across the country.
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INDUSTRY NEWS
Why agents need to ramp up their social media game
Industry experts Steve Carroll and Melanie Hoole explain why authenticity, strategic content, and paid advertising are game-changers in real estate marketing
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INDUSTRY NEWS
Labor backs housing supply boost, steers clear of negative gearing reform
A new poll found respondents favoured land release for development over changes to negative gearing.
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INDUSTRY NEWS
Buyer activity climbs as Kiwis reconsider the ‘forever home’
Following New Zealand’s recent drop in the Official Cash Rate (OCR), the property market is seeing a noticeable increase in buyer activity. According to new data from realestate.co.nz, enquiries have spiked by over 25%, indicating rising confidence among buyers and echoing similar, though smaller, interest following the previous OCR cut in August. Vanessa Williams, spokesperson for realestate.co.nz, attributes this shift…
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INDUSTRY NEWS
High auction volumes test market as clearance rates decline
Weekend auction summary: 27th October 2024 This past weekend saw one of the busiest periods for auctions across Australia’s capital cities, with over 3,000 homes going under the hammer, according to CoreLogic. The preliminary auction clearance rate was 66.8%, slightly down from last week’s 67.4%, which later revised to 58.2%, marking the lowest clearance rate of the year so far.…
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INDUSTRY NEWS
US election: what to expect if Trump or Harris wins
Donald Trump and Kamala Harris present contrasting policies that will directly impact real estate, from interest rates to affordable housing initiatives.
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INDUSTRY NEWS
Find out why November is statistically the best time to sell
Homeowners selling in November achieve higher prices.
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FEATURE INTERVIEWS
From commission houses to Melbourne’s best-selling agent under 30
From growing up in a commission home to being named in the Herald Sun’s Best-Selling Agents Under 30 list, Ozan Kanbur has come full circle.
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INDUSTRY NEWS
Build-to-Rent faces global challenges
The Build-to-Rent (BtR) sector in both the UK and Australia is playing an increasingly crucial role in addressing housing shortages.
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INDUSTRY NEWS
REIQ supports the Federal Government’s push for stamp duty reform
REIQ CEO Antonia Mercorella: "Stamp duty presents a considerable barrier to those wanting to buy their first home."
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INDUSTRY NEWS
Domain CEO Jason Pellegrino to step down
Mr Pellegrino will continue in his role for the next three to six months while Domain’s board searches for a replacement.
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INDUSTRY NEWS
REINSW president Barry Johnston resigns
Barry Johnston has stepped down from his role as President, citing personal and business obligations.
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INDUSTRY NEWS
Australia urged to adopt European style co-operative housing to address rental crisis
The Business Council of Co-operatives and Mutuals (BCCM) recommends that the Government adopt co-operative housing like Copenhagen, Vienna and Zurich.
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INTERNATIONAL
New survey reveals politics play a key role in where Americans choose to live
As political landscapes shape more than just elections, a new US survey reveals that nearly one in four Americans now factor politics into their decisions on where to live.
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INDUSTRY NEWS
REA Group pledges $122,00 to fight homelessness
REA Group has stepped up to support Nedd Brockmann’s Uncomfortable Challenge, pledging $122,000 to help tackle homelessness across Australia.
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INDUSTRY NEWS
Glamour meets drama in Melbourne’s high-stakes luxury real estate show Listing Melbourne
Going beyond high-end homes, the show showcase the fierce rivalries, ethical dilemmas, and personal dramas these agents navigate.
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INDUSTRY NEWS
Auction clearance rates climb as buyer demand grows
On Saturday, 19 October 2024, Sydney recorded a clearance rate of 67% from 996 auctions listed.
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Real Estate News
Erin’s mission to revolutionise the apartment experience
Erin’s app simplifies apartment living by integrating rent, maintenance, digital keys, and more, enhancing tenant experiences.
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INDUSTRY NEWS
Secrets of success: how regional agents thrive in real estate
More than 580 real estate professionals from across Australia and New Zealand participated in the first-ever virtual Regional Agents Conference.
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INDUSTRY NEWS
A global comparison: Sydney’s housing shortfall tied to slow transport expansion
A new report, Defining Density (Done Well), highlights that Sydney’s housing shortage is closely tied to its lagging transport infrastructure compared to global cities. Tokyo leads with 553 stations within a 30km radius, while Sydney only has 99. This stark difference limits Sydney’s ability to develop high-density housing near public transport hubs, further exacerbating its housing crisis. The report shows…
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INDUSTRY NEWS
New home sales stabilise
The latest data from the Housing Industry Association (HIA) indicates that the Australian new home market is showing signs of stabilisation, with home sales unchanged in September compared to August. According to HIA Economist Maurice Tapang, “market confidence in new home building is returning,” which is an important indicator for agents working in the residential property sector. The HIA’s New…
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INDUSTRY NEWS
Rising costs and short-term rentals are reshaping the housing market
Over 70% Australians who rent do so because they simply cannot afford to buy a home - a figure significantly higher than the global average of 55%.
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