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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

News

Perth defies national trend as house prices continue to rise

Perth property prices have been able to buck the national trend and record a rise in values last month.

International

Paris Jackson buys rustic Hollywood Hills retreat

Michael Jackson’s only daughter, Paris Jackson has sold the first house she ever owned and is relocating to…

News

New Zealand property prices fall at fastest pace since the GFC

Property prices across New Zealand have continued to fall, with the rate of decline now at the same…

News

Lenders pricing for risk with rate discounts

Lenders are rewarding borrowers with lower Loan to Value Ratios (LVRs) by offering reduced interest rates.

Industry News

McGrath expands in Sydney’s north west

McGrath Estate Agents has announced its expansion across the Ryde local market in Sydney’s north-west.

News

Ray White establishes local presence in Jacobs Well

Ray White's Peter Catanzariti has opened Ray White Jacobs Well, his fourth office on the northern Gold Coast…

News

South Australian property continues to buck the trend

The South Australian property market continues to show “resilience”, extending its record-breaking run of quarterly price increases.

News

Adaptive reuse of old buildings on the rise across Australia

The redevelopment of old buildings across Victoria is starting to gather steam as developers look to find creative…

Industry News

Ray White opens in Sydney’s Ashfield

Real estate experts and brothers Michael and Andrew Simpson have partnered their third generation family business with Australia's…

News

Renters being forced to give up pets to find a home

Renters are being forced to choose between keeping their pets and being able to find a place to…

News

ANZ cuts new customer variable rates by up to 0.50 per cent

Despite the Reserve Bank of Australia hiking the official cash rate and fixed rate loans rising, ANZ has…

News

WA investors to sell up if tenancy laws change

More than half of WA property investors would consider selling their rental properties should significant changes be made…

Industry News

Luke Banitsiotis claims his third REIV Senior Auctioneer of the Year title

REIV has crowned Luke Banitsiotis as Senior Auctioneer of the Year third time running.

News

Units outperform houses as buyers hunt for value

Buyers are on the lookout for more affordable housing options as rising interest rates make units more appealing.

News

RBA a “near certainty” to raise rates next week

Australia’s hottest rate of inflation in 21 years means the Reserve Bank of Australia is a “near certainty”…

Industry News

REIA says perspective required in interpreting CPI

The RBA's July meeting indicates that inflation is expected to peak later in 2022 and then decline back…

News

Home prices to fall 5 per cent by end of the year

Rising interest rates could see property prices drop by up to 5 per cent between now and the…

Industry News

Local team reopen Ray White Chelsea

Industry News

Going once, twice and 5000 times: Successful auctioneer marks an exciting milestone 

Real estate veteran Paul Moore has just celebrated his 5000th auction for the LJ Hooker Group – and…

News

Office market leads the way as commercial sales break new ground

Commercial property transactions set a record pace last financial year, with buyers taking advantage of the low interest…

News

New Zealand property prices face a test as interest rates rise and sales volumes fall

The New Zealand property market is going to face a “test” as rising interest rates and a wave…

News

One in five first home buyers take a year to buy a property

Tight supply and rapidly rising prices has seen many first home buyers taking over two years to purchase…

News

Westpac and NAB predict two more 50bps rate hikes

Borrowers should brace themselves for “more rate pain”, as Westpac and NAB follow ANZ predicting the Reserve Bank…

Industry News

When ‘psychology of the sale’ takes on an all-new meaning

Melisha Du Preez credits her certainty in joining the Mackay RE/MAX team to her many years in the…

News

HTW: rising costs slowing industrial development

Rising construction costs and higher land values has slowed the initiation of new development across the industrial sector…

News

RE/MAX makes key appointment for rent roll growth

Well-known WA real estate professional Tracy Kriwopischin joined the RE/MAX Extreme team this month in a career move…

Industry News

What kind of property will $700,000 buy you?

After two years of record price growth, there are still opportunities to find good value properties for under…

Industry News

New Belle Property office for the NSW Southern Highlands 

Belle Property has announced the opening of its latest new office in the picturesque New South Wales Southern…

Industry News

Housing data reveals Sydney faces undersupply

A recent Sydney housing analysis from the Property Council of Australia and Gyde Consulting has found several districts…

News

Queensland rental market feeling the ‘squeeze’ of tight vacancy rates

Incredibly tight rental conditions are continuing to ‘squeeze’ renters across Queensland, with many areas still experiencing vacancy rates…

News

Further increases in the cash rate will be needed: RBA

The official cash rate is still lower than it needs to be, according to the Reserve Bank of…

News

Chinese property buyers to return to Australia

Chinese property buyers are likely to head back to Australia sooner than expected as Australia emerges from COVID…

News

Commercial property settlements surged higher last financial year

The volume of commercial property settlements has surged by as much as 60 per cent across the east…