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
Fallout from rising rates to be less dramatic than predicted: HTW
Rising interest rates are likely to slow down property markets but the fallout will be far less dramatic than most commentators predict according to the latest Herron Todd White (HTW) Month in Review.
Ray White appoints Milo Rasinac Network Development Manager
With more than 20 years experience in sales, leadership and business ownership in Melbourne's inner north-western suburbs, Milo…
NSW Government announces trial shared equity housing scheme ahead of Budget
Teachers, nurses, police, single parents and older singles will be able to tap into a $780.4 million shared…
AI digital assistant RiTA scoops two innovation awards
RiTA, the AI digital assistant for real estate agents, has won two innovation awards at the 2022 PropTech…
Property Council calls for extra supply
The Property Council of Australia has welcomed the NSW Government's strong commitment to help residents achieve home ownership,…
Game-changing scholarship program relaunched
Raine & Horne Lower North Shore expands into Willoughby
Suburban centres and satellite office locations on the rise
Workers who have become comfortable working from home are leading businesses to adopt more flexible working arrangements on…
Elders agents to streamline buying and selling with Propps
Leading digital offer management platform Propps has expanded its national agency coverage, welcoming the Elders Real Estate network…
Knight Frank restructures WA office leasing team
KNIGHT FRANK has restructured its West Australian Office Leasing team to support its national growth strategy over the…
Aussie homes worth a record $10 trillion
The total value of the nation’s residential property increased by $221.2 billion in the March 2022 quarter, bringing…
Gavin Rubinstein’s TRG to expand without Ray White branding but still part of the group
Just three years after opening the doors to its Woollahra office, Gavin Rubinstein’s TRG agency is set to…
Sales of new homes fell in May
The impact of rising interest rates will be compounded by the ongoing increases in the cost of construction…
Sydney vacancy rate hits 5-year low
The vacancy rate across Sydney has plummeted to a five-year low, putting the city on the verge of…
Familiar faces and same great service now with new look
Established agent Annie Hou has opened a new real estate office in Upper Mount Gravatt this month after…
Industry’s knights in ‘shining’ armour come together for a special conference
LJ Hooker's Shine Conference aims to 'shine' a light on the great work property managers undertake within the…
App gets more offers on off-market properties
Launched in Sydney this month, Profound is a marketplace for off-market properties where agents can get access to…
Kristen Stewart sells Malibu getaway for $8.3 million
Twilight star Kristen Stewart is looking to downsize her hefty property portfolio starting with the sale of her…
New listings rebound after a quiet April
The number of new listings across the country continues to rise, jumping 12 per cent across the capital…
Leading WA agent returns to global brand
RE/MAX Southern Stars has welcomed the return of Nic Sauzier, one of Western Australia's top selling agents.
CBD office occupancy rates rise as workers return
Office workers are flocking back to CBDs across the nation despite Covid and a rising number of flu…
Commercial service station sector still growing despite EV push
Growth in investment in commercial service stations was elevated in 2021, despite Government attempts to encourage electronic vehicles…
Growth across capital cities slowing at
record pace
The annual rate of price growth across Australia's capital cities is slowing at the fastest rate since 1989.
REA Group announces new organisational structure
REA Group has announced changes to its organisational structure to further progress its strategy to build next generation…
Raine & Horne knights Newcastle with CBD office as fast trains beckon
Raine & Horne has added an office in Hunter Street Newcastle as talk of a fast train service…
Australia is the 13th strongest property market in the world
A number of Australia’s major cities have featured in the global list of best-performing housing markets over the…
Raine & Horne Chairman welcomes Blue Mountains tunnel
Long term advocate for a Blue Mountains tunnel, Angus Raine, Executive Chairman, Raine & Horne, has welcomed the confirmation…
Rents and mortgage repayments to keep rising
Rents and mortgage repayments are expected to continue to rise over the next 12 months, putting more pressure…
Lenders have been quick to pass on interest rate hikes
Following the first cash rate hike in over a decade, lenders have been quick to pass on the…
Queensland property market defying the downturn
he Queensland property market is still experiencing 'healthy growth' and is continuing to defy the downturn seen elsewhere,…
RE/MAX has history in Kenmore
One of Australia's most awarded real estate offices, RE/MAX Profile, has relocated to where it all started -…
Knight Frank appoints new Chief Financial Officer
Jamie Harding has been appointed to the position of Chief Financial Controller at Knight Frank.
Perth prices rise as the market outperforms Sydney and Melbourne
Home prices across Perth have continued their rise, increasing 0.6 per cent in May according to new data…