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
NZ property market prices softened in April
The New Zealand property market has recorded a modest fall in April, the first decline since the initial COVID-enforced lockdown in August 2020.
Perth prices continue to increase in April
The Perth property market has continued to see an uptick in prices since reopening its borders in February.
Richard Simpson elected new REIV president
The Board of the Real Estate Institute of Victoria (REIV) has elected respected real estate agent Richard Simpson…
Vacancy rates remain at record low levels
The national vacancy rate remains at a record low 1 per cent with all capital cities continuing to…
WA the most affordable for first home buyers
Perth has been named the most affordable capital city for first home buyers, with regional Western Australia taking…
Labor looks to cut the cost of a mortgage by up to $380K
The Labor Party has announced its intentions to introduce a new shared-equity housing scheme that could help shave…
Rising CPI suggests more affordability worries ahead
The highest inflation in 30 years suggests housing affordability is going to continue to decline, according to an…
Home prices stalled in April as rate hikes loom
Property prices stalled nationally last month with values seeing their smallest increase since May 2020 and the onset…
Propic acquires Property Realm to create intelligent AI platform to ease stress levels
Australian real estate PropTech innovator, Propic has acquired Property Realm in a move it says will “unapologetically disrupt”…
Queensland vacancy rates hit record low levels
Vacancy rates across Queensland have dropped dramatically with several areas recording rates under 0.1 per cent.
Hockingstuart launches new property development division
REIWA 2022 Awards for Excellence winners announced
Record inflation to keep pressure on households
The latest CPI figures shows inflation has risen to 5.1 per cent, putting increased pressure on mortgage holders…
Three of the big four banks predict a May rate hike
The big four banks continue to bring forward their cash rate rise predictions, with three of the majors…
The AI tech that powers agents across the nation
Artificial intelligence has been the buzzword for a decade and whilst other industries are advanced in its applications,…
LJ Hooker Property Hub recruits leading prestige agent
LJ Hooker Property Hub, and strengthen the brand's position in the Gold Coast hinterland.
Property boom losing momentum – Sydney price growth ‘flatlining’
The rate of property price growth in Australia has dropped dramatically in the first three months of the…
The Agency records 26 per cent growth in revenue
The Agency has reported improved financial and operational results for the March quarter, with its total revenue up…
Slowdown arrives for New Zealand’s hot property market
New Zealand’s overheated property market looks to be slowing down thanks to rising interest rates and lower demand…
Sunshine Coast trio launch boutique brand to capitalise on their reputation
A Sunshine Coast team of three to has capitalised on more than 40 years of real estate experience…
Propic appoints head of innovation amid record growth
PropTech Artificial Intelligence pioneer Propic has appointed former McGrath Head of Martech Ryan Campbell as Head of Innovation,…
Victoria most affordable for average income earners
Victoria dominates the list of most affordable properties for buyers on average salaries, according to new research.
Inside Australia’s home of the year
JW Constructions in Queensland has won the HIA-CSR Australian Home of the Year award for a beautifully designed…
Ray White Surfers Paradise grows its leadership team
One of Australia’s most successful real estate agencies has added a new generation of leadership to ensure its…
Geelong leads pandemic population surge
Geelong saw the largest population increase during the pandemic as homebuyers sought out more space and an escape…
New LJ Hooker office opens in booming regional Queensland market
LJ Hooker has further expanded its network along Queensland’s Capricorn Coast with the opening of LJ Hooker Agnes…
Sentiment remains high despite softening property prices
Confidence in the real estate market remains high despite slowing growth in property prices, according to a new…
Property Council welcomes easing of COVID close contact settings
The Property Council of Australia has welcomed the NSW Government's decision to end isolation requirements for close contacts,…
Rental demand continues to soar as availability falls to lowest level in more than a decade
Near record demand and the lowest level of availability in almost 20 years is propelling a tough rental…
Foreign investment in Australian commercial property doubles
Foreign buyers continue to be active in both buying and selling Australian commercial assets according to a leading…
Perth’s bargain suburbs under $375,000
Despite Perth seeing a strong 12 months of property price growth, it’s still possible to find bargain buys…
