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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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Digital Magazine
From accidental agent to industry innovator: Hannah Gill’s real estate revolution
In a real estate sector where competition is fierce, Hannah Gill, Director of The Property Collective, is breaking away from the usual playbook.
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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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QLD Real Estate News
Brisbane’s property boom continues despite national slowdown
Brisbane’s property market remains a standout performer in 2024, even as growth across other Australian cities moderates.
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Elite Agent
Could long-term leasing be a solution to Australia’s rental crisis?
Currently, around 31% of Australian households rent, a figure that is expected to increase in the coming years. This shift highlights the growing need for secure, long-term rental options.
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INDUSTRY NEWS
She Sells: a simple WhatsApp group grows into a powerful platform for women at Laing+Simmons
Laing+Simmons has seen the rise of a unique, organically grown collective called “She Sells,” an initiative for female agents that started as a simple WhatsApp group within the company. This network of women agents, who originally connected through the company’s Elevate mentoring program, has grown into a powerful platform for support and collaboration. The program wasn’t strategically planned but has…
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VIC Real Estate News
Victorian rental market sees over 10% increase in 2024
The latest data from the Homes Victoria June Quarter 2024 Rental Report reveals a sharp increase in rental prices across the state.
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Real Estate News
September property listings hit highest levels since 2015
Sellers are embracing the spring selling season, with new property listings in September 2024 reaching their highest volume since 2015.
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