News Room
If you have any news for the Real Estate industry - whether you are a professional or a supplier to the industry, please email us: newsroom@eliteagent.com
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.
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…
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…
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…
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…
Top agent moves to Ray White Lower North Shore Group
Coronis appoints new franchise director Sandy Taylor
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…
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…
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…
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…
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…
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…
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…
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.
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…
McGrath posts strong EBITDA result in FY22
Home builders to weather the interest rate storm
Home builders are well positioned to handle higher interest rates, believing the events of the past two years…
The value of new loans fell 4.4 per cent in June
The value of new home loans across Australia has fallen 4.4 per cent last month, continuing to soften…
Battle Royale! Harcourts Game of Phones
Huge day of Ray White Commercial auctions
Regional prestige lifestyle areas the first to show weakness
Rampant house price growth in regional lifestyle areas, previously fuelled by Covid lockdowns, has started to turn, with…
The areas where property price growth is still occurring
Despite property values starting to fall in the larger capital cities, there are still multiple locations around the…
Cold, unhealthy rental homes don’t meet international standards
Australian renters are being forced to live in cold, unhealthy homes that aren’t meeting international standards on indoor…
Profitable resales start to fall across New Zealand
Profitable resales across New Zealand have started to fall as interest rates rise and a surge in listings…
AI digital assistant RiTA now integrates with PropTech Group’s Eagle CRM
PropTech Group's Eagle CRM is the newest addition to the list of CRM's digital assistant RiTA plugs into.…
REA Group retains top four position in Australia’s Best Workplaces
Great Place to Work has named REA Group Australia’s fourth Best Workplace for 2022 in the large company category.
Luxury property expert Bradley Cocks joins DiJones Southern Highlands
DiJones Southern Highlands has bolstered its ranks with the appointment of Bradley Cocks who has extensive expertise across…
Christine Mikhael appointed CEO of LJ Hooker Group
Ray White trademarks ‘Competition Creators’
Crypto king buys Toorak ghost mansion for $80 million
A mysterious crypto king has splurged a stunning $80 million on an unfinished Toorak mansion, setting a state…
Industrial assets could be a good inflation hedge
Industrial assets could be a good hedge against ongoing inflation pressures but not all commercial assets will be…
145,000 homeowners would consider selling if rates rise
Over half a million Australian households would struggle to pay their mortgage, with many forced to sell, if…
New property.com.au marketplace boosting vendor confidence
REA Group’s property research destination, property.com.au, has today launched a new consumer Marketplace aimed at removing more barriers for…