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INDUSTRY NEWS
Perth property continues to grow in value in 2022
Perth has so far been able to buck the slowing property market in 2022, with 29 suburbs seeing double-digit growth.
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BTW
Hockingstuart expands footprint in regional Victoria with opening of Warragul office
The Quirk family is excited about joining Hockingstuart, having long admired the brand and its values of personalised service and expert local knowledge.
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INDUSTRY NEWS
Are rent controls the right way to go?
Real estate bodies have labeled calls to freeze rents and cap increases out of touch with reality, fearing it could exacerbate the nation's rental shortage.
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BTW
Raine & Horne expands corporate team to cater for growth
Raine & Horne has expanded the corporate team to cater for 20 new offices set to join the brand before Christmas.
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INDUSTRY NEWS
The long-term trend in property prices is “undeniably upwards”
Despite weakness in home values as interest rates rise, new data suggests the trend over the past 30 years has clearly been upwards.
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INDUSTRY NEWS
World first real estate app launches with major global backing
How real estate is listed and sold is being revolutionised with the launch of global short-form video marketing app, Ten Sixty.
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WEIRD AND WONDERFUL
Man inserts chips in his hands to open his Tesla and his house
A tech-savvy Tesla owner has stunned the world by embedding a chip in his hand that acts as a key to unlock and start the electric car.
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INDUSTRY NEWS
Buyer demand is down ahead of the spring selling season
Buyer demand is slightly lower than average in many areas as the spring selling season approaches.
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BTW
Ray White Sunbury joins The Block 2022
Two types of buyers are tipped to be attracted to the home, including interstate buyers who want acreage close to the races or inner city buyers looking for a tree change. The Announcement: Block contestants Omar and Oz have joined forces with Ray White Sunbury principals Aaron Hill and Marin Durkovic to sell their 4ha Macedon Ranges retreat. This year’s…
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INDUSTRY NEWS
Richardson & Wrench awards night worth the wait
Following a two-year, pandemic-induced hiatus, the Richardson & Wrench network has finally come together to celebrate a year of achievements in a glamorous night to remember.
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BTW
Western Australia’s top real estate agents celebrated at reiwa.com awards
REIWA Chief Executive Officer Cath Hart said it was an honour highlighting the agents' achievements at this year's awards ball and she congratulated everyone for their hard work and devotion to the industry.
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FRANCHISE NEWS
Former Socceroo Richard Garcia joins The Agency
Former Socceroo and footballing superstar Richard Garcia has joined forces with Western Australia’s top performing real-estate outfit (by listings and value) The Agency Group, becoming the company’s newest property specialist.
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INDUSTRY NEWS
Queensland property prices begin to slow down
Queensland's rampant property price growth of the past few years has finally started to slow down.
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INDUSTRY NEWS
New Zealand the “canary in the coal mine” for Australian property
Australian homeowners can look to New Zealand’s property market as the “canary in the coal mine” to determine what kind of impact rate hikes might have on prices, according to experts.
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BTW
Multi-award-winning real estate agency and auctioneer chosen for 2022 House for Life
Real Estate Institute of Queensland Auctioneer of the Year, Justin Nickerson, has been handpicked to auction the 2022 House for Life.
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FRANCHISE NEWS
Luton redevelop website to place customers at the forefront
Luton Properties has retooled and realigned its website from the ground up, putting an emphasis on the customers' experience.
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SUPPLIER NEWS
Domain taps into Aussie obsession with new campaign
Domain has launched an exciting consumer activation and integrated marketing campaign as part of its partnership with Australia’s latest home of sport Allianz Stadium.
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INDUSTRY NEWS
Hope for NZ home buyers as housing affordability reaches a “turning point”
Housing affordability across New Zealand has reached a “turning point” as falling house prices and growing wages start to benefit buyers.
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WEIRD AND WONDERFUL
Ellerslie proves popular with property viewers
One of Melbourne’s finest heritage homes has hit the market with a $19.5 million price guide.
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INDUSTRY NEWS
The Agency delivers double digit growth in FY22
A significant increase in the number of properties sold and gross commission income achieved has underpinned The Agency posting revenue of $72.7 million in the 2021-2022 financial year.
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COMMERCIAL
Retail property still trying to recover: HTW
The retail sector has had a difficult few years and now faces the headwinds of high inflation according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Vacant land sales activity continues to slow down: HTW
Vacant land sales continue to slow down across the country following a period of record high demand according to the latest Herron Todd White (HTW) Month in Review.
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COMMERCIAL
Demand for hotel assets increase as travel returns and occupancy levels rise
A rapid increase in domestic and international travel has pushed hotel occupancy rates up sharply and increased demand for hotel assets.
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INDUSTRY NEWS
Current US housing downturn not like pre-GFC
The current downturn in the US housing market might not be as severe as the 2007-2008 crash that led to the Global Financial Crisis.
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BTW
Top agent moves to Ray White Lower North Shore Group
John McManus says his and his team are looking forward to the new chapter. The Announcement: ONE of Australia’s top sales agents, John McManus, has joined as a director of Ray White Lower North Shore Group with long term plans for growth at the leading business. Mr McManus is an elite industry performer who has firmly established an enviable reputation…
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BTW
Coronis appoints new franchise director Sandy Taylor
Sandy Taylor is looking forward to building on the existing foundations and changing people’s lives for the better. The Announcement: The Coronis Group has appointed Sandy Taylor as the new Franchise Director to support its expansion plans and vision of becoming Asia-Pacific’s leading property services provider. Coronis CEO Andrew Coronis said he is thrilled with the appointment and highlights the…
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INDUSTRY NEWS
Is now a good time to buy a property?
Despite falling home prices and the prospect of a higher cash rate, now might still be the right time to buy, according to an expert.
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INDUSTRY NEWS
The fastest-selling suburbs across the country
Camden, in Sydney's southwest, is the nation's fastest-selling suburb, with three-bedroom houses snapped up after an average 14 days on market.
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BTW
Highland Double Bay Malouf instigates $34 million sales spree in Sydney’s most exclusive postcodes
There's much commentary about the property market cooling, but Highland Double Bay Malouf has seen demand for top tier prestige property remain fierce.
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INDUSTRY NEWS
Real estate developer builds voice-activated homes in Ghana
A real estate developer in Ghana has taken on the task of building a community of futuristic homes to help enhance the local neighbourhood.
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INDUSTRY NEWS
Property upswings trump downturns over the past 30 years
Upswings in Australian property have been larger and longer than the subsequent downturns where prices slightly decline or just flatline according to new research.
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INDUSTRY NEWS
One in five ACT landlords plan to sell if rental changes come in
Proposed changes to the Residential Tenancies Act in the ACT could lead to one in five investors selling their rental property.
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INDUSTRY NEWS
China crisis wipes out $90 billion from developers
Chinese property developers have seen the value of their stocks fall by US$90 billion as the China crisis worsens.
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COMMERCIAL
Lendlease is making a $350 million play for a famous Perth skyscraper
Lendlease is targeting a famous Perth skyscraper developed in the 1980s by infamous WA entrepreneur Alan Bond.
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INDUSTRY NEWS
Rent.com.au launches single-tap build-to-rent search functionality
Build-to-rent is set to revolutionise renting in Australia and Rent.com.au is the first portal to build a single-tap search filter to help renters locate and apply for the new developments.
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