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INDUSTRY NEWS
LJ Hooker calls for urgent housing action ahead of Federal Budget
Australia’s housing crisis is in the spotlight as LJ Hooker urges the Federal Government to fast-track solutions to boost supply, ease affordability, and cut red tape.
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INTERNATIONAL
Dar Global invests AUD$613 million in Saudi Arabia’s residential market
Luxury real estate developer Dar Global has made a significant move in Saudi Arabia’s booming property market, investing €358 million (AUD $613 million) to acquire two residential-led development sites in Jeddah and Riyadh.
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Celebrity Homes
Rock icons and fine wine: Tallagandra Hill hits the market
A celebrity-favourite winery and events venue, which has hosted some of Australia’s biggest music legends, is now on the market.
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INDUSTRY NEWS
Big wins for home sellers, but unit owners feel the pinch
Australian home sellers achieved record-breaking profits in the December 2024 quarter, with a median nominal gain of $306,000, according to CoreLogic's latest Pain & Gain report.
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Celebrity Homes
New York’s Woolworth mansion drops price to just under US$50 Million
A landmark Upper East Side townhouse, known as the Woolworth Mansion, has seen its asking price slashed by nearly $10 million, now listed for just under $50 million (AUD $76 million).
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INDUSTRY NEWS
Trump’s tariffs push up construction costs for US developers
Real estate developers across the US are facing rising costs as President Donald Trump’s latest tariffs increase prices on key building materials, including steel, aluminum, copper, and tiling.
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INDUSTRY NEWS
Brisbane and Gold Coast property markets bounce back after Cyclone Alfred
Just a week after Cyclone Alfred disrupted open homes and auctions, Brisbane and the Gold Coast real estate markets have shown little sign of slowing down.
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Celebrity Homes
Ellen DeGeneres lists one of her last US homes following UK move
Ellen DeGeneres is continuing to shed her US real estate portfolio, putting one of her last remaining Californian properties on the market for $5 million (approx. $7.6 million AUD).
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INDUSTRY NEWS
Five years on: COVID-19’s lasting impact on Australia’s housing market
Five years after COVID-19 was declared a global pandemic, its influence on Australia’s housing market remains strong, with national home values rising 38.4% since March 2020.
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INTERNATIONAL
Rental prices drop in Auckland and Wellington, offering relief for renters
New data from realestate.co.nz shows that rental prices have dropped in two of New Zealand’s largest cities, with Wellington seeing the biggest decline.
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LEADERSHIP
What real estate agents can learn from an FBI hostage negotiator
Former FBI hostage negotiator Chris Voss has spent decades perfecting the art of persuasion, and his strategies translate seamlessly into the world of real estate.
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INTERNATIONAL
Dubai’s real estate boom reshapes the Gulf’s luxury market
Dubai’s property market continues its rapid expansion, with residential sales reaching AED 120 billion ($32.7 billion) in the third quarter of 2024, driven by an influx of high-net-worth buyers.
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INDUSTRY NEWS
Property market gains momentum as new listings spike in February
Australia’s property market showed renewed momentum in February, with new listings rising across major capital cities and auction clearance rates improving, according to the latest data from Domain. New supply reached a four-month high, marking the second-highest February level on record.
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Celebrity Homes
Step inside Keira Knightley’s ‘Black Doves’ home
The grand Victorian villa that served as Keira Knightley’s on-screen home in the Netflix spy thriller Black Doves is now on the market for £5 million (AUD $9.7 million).
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INDUSTRY NEWS
Rocket Companies to acquire Redfin in US$2.4 billion deal
Redfin has announced that it will be acquired by Rocket Companies in an all-stock transaction valued at $2.4 billion, marking a significant shift in the real estate and mortgage industries.
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Celebrity Homes
Mick Fanning’s Hamptons-inspired retreat up for auction
Surfing legend Mick Fanning has officially listed his luxury Gold Coast beach house for sale.
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FEATURE INTERVIEWS
Are family-sized apartments the future?
For years, Australian apartment living has been synonymous with young professionals and downsizers, while families have largely gravitated toward standalone homes. But as affordability challenges grow and urban planning evolves, a new trend is emerging: larger apartments designed specifically for families.
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INTERNATIONAL
Hartford leads America’s hottest housing markets as buyers pay over asking
Hartford, Connecticut, has been named the hottest housing market in the U.S. for February, according to the latest Realtor.com report.
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INDUSTRY NEWS
Victoria strengthens renter rights with new laws
Victoria has passed new laws strengthening renter protections, including a complete ban on ‘no reason’ evictions.
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Celebrity Homes
Christine McVie’s Belgravia penthouse listed for sale
The former London home of Fleetwood Mac star Christine McVie has hit the market for £6.95 million (AUD $13.4M), offering a rare opportunity to own a slice of rock history in one of the capital’s most prestigious neighbourhoods.
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INTERNATIONAL
Homes listed in late May sell for $5,600 more, says Zillow
A new Zillow analysis has found that timing is everything when selling a home. In the U.S, homes listed in the last two weeks of May in 2024 sold for an average of 1.6% more, translating to an extra $5,600 on a typical U.S. home
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INDUSTRY NEWS
New home approvals rise, signalling progress for housing supply
New home building approvals in Australia have reached their highest level since December 2022, offering some positive news for the construction industry.
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FEATURE INTERVIEWS
Closing the pay gap for women in real estate
"Men are inclined to put their hand up for a promotion when they think they're 80% able to do the role, and women put their hand up when they're confident they can do everything in the position description." Little Real Estate, Chief Operating Officer, Rebecca Kerr.
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INDUSTRY NEWS
Coalition announces FIRB overhaul
A Dutton Government has pledged to establish a taskforce to reform the Foreign Investment Review Board (FIRB), Shadow Treasurer Angus Taylor has announced.
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INTERNATIONAL
Spain’s Foreign Buyer Tax sparks concerns cross Europe
Spain’s proposed 100% property tax on non-EU buyers has triggered fears that other European nations, including France, Greece, and Portugal, could implement similar measures to address housing affordability and over-tourism.
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Mindset and Personal Development
The ‘Happiness Advantage’: why mindset is the secret weapon of top real estate agents
In real estate, success is often thought to be the result of hard work, skill, and a strong client base. But there’s another, less obvious factor that sets top-performing agents apart from the rest: mindset.
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INDUSTRY NEWS
REA Group invests in rural property data platform Agtuary
REA Group has announced it will acquire a minority stake in Agtuary, a platform specialising in rural property and environmental data insights.
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INTERNATIONAL
Keller Williams partners with Stone Point Capital, appoints Christopher Czarnecki as CEO
Keller Williams Realty, the world’s largest real estate franchise by agent count, has announced a strategic partnership with Stone Point Capital LLC, a leading investment firm specialising in real estate and financial services.
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INDUSTRY NEWS
Housing market rebounds as prices rise
After three months of decline, Australian home values increased by 0.3% in February, marking a reversal in the short-lived downturn, according to CoreLogic’s Home Value Index.
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Celebrity Homes
Halsey lists historic Los Feliz home for US$5.5 million
Halsey has put her Spanish Colonial Revival estate in Los Feliz on the market for $5.5 million (AUD $8,625,232).
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INDUSTRY NEWS
Five years on: how the pandemic transformed home buying in the US
Five years after the onset of the COVID pandemic, the US housing market looks significantly different. Home values have soared, virtual home touring has become mainstream, and buyer preferences have shifted, according to new data from Zillow.
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INDUSTRY NEWS
Townsville leads regional Queensland in house price growth
Townsville is experiencing the fastest-growing house prices of any regional city in Queensland, following years of subdued market conditions.
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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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