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Real Estate News
Record gains and very little pain for New Zealand property sellers
New Zealand home owners are pocketing a record level of gross profits from property resales as the country's real estate market defies last year's weak economic outlook.
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APPOINTMENTS
The Agency welcomes experienced agent Kyle Pitman to their Queensland team
The Agency has welcomed award-winning agent Kyle Pitman to their rapidly growing QLD team. He has over 25 years' experience in the real estate industry across Australia and NZ.
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BTW
Raine & Horne has celebrated a milestone 12 months
Raine & Horne secured almost 17,500 listings across Australia in the last financial year, while also adding 120,000 properties under their management.
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SUPPLIER NEWS
Openn Negotiation has partnered with CoreLogic’s property research platform
CoreLogic’s listing portal onthehouse.com.au, has partnered with Australian-listed property technology company Openn Negotiation.
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INTERNATIONAL
Million Dollar Listing Los Angeles star Josh Flagg reportedly jumps to Elliman
Million Dollar Listing's Josh Flagg has made a surprising move from Rodeo Realty to Douglas Elliman, according to TheRealDeal.
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SUPPLIER NEWS
How Market Buy can streamline your business
Whether you’re an agency principal or an employee, real estate agents have a lot in common with entrepreneurs, according to Market Buy's John Hellaby.
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INDUSTRY NEWS
Westpac is the first major bank to cut their variable home loan rate to 1.99 per cent
Westpac has become the first big four bank to offer a variable home loan rate under 2 per cent, however the rate is only introductory.
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INDUSTRY NEWS
What current property market trends tell us about the future of Australian real estate
The Agency CEO Matt Lahood joked the property market's progress was "not bad at all", considering how many regions have been in lockdown.
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BTW
Northern Beaches house prices soaring over $10,000 per week this year
Sydney's affluent Northern Beaches have seen significant median house price changes, rising around $10,000 each week, even amid lockdown.
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SUPPLIER NEWS
Changing lanes: How Alison Euler started her own real estate business
From working in local political offices to global companies, newly-minted business owner Alison Euler has a wealth of experience to draw on.
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INTERNATIONAL
The majority of millennials would consider living in a 3D-printed house
A new study from Realtor.com has found 75 per cent of millennials (born 1981 to 1996) would consider living in a 3D-printed home, citing affordability, energy efficiency and resistance to natural disasters as major benefits.
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BTW
A green light for $150M luxury development on the Gold Coast’s Golden Mile
Gold Coast City Council has approved plans for a $150 million luxury development along the Broadwater, which has resulted in $100 million in sales in only a week.
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SUPPLIER NEWS
O*NO Legal’s REAL Health Check launch reveals agency commissions are at risk
Established real estate agencies are reportedly using sales contracts that aren’t legally binding, O*No Legal’s Real Health Check revealed
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INDUSTRY NEWS
REIACT and the Attorney General urge tenants and landlords in Canberra to work together in lockdown
REIACT supported Attorney General Shane Rattenbury' suggestion tenants and landlords in Canberra will have to work together amid lockdowns.
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Real Estate News
Housing affordability expert warns millennials are likely to be trapped in the rent cycle forever
Housing ing affordability Ian Ugarte has warned young people not to "rely on the bank of mum and dad" when purchasing a home
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QLD Real Estate News
The Gold Coast recorded a year’s worth of new apartment sales in three months
Research commissioned by Colliers has shown the Gold Coast reached almost $800 million in new apartment sales in the first quarter of 2021.
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National
Lockdowns lead to lower seller confidence but buyers remain keen for more
The REA Insights Listings Report August 2021 analysed new listings in order to deduce the latest market supply trends.
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Celebrity Homes
Pretty Little Liars star Shay Mitchell’s $7.2 million Californian mansion
Pretty Little Liars star Shay Mitchell has moved to San Fernando Valley with her partner Matte Babel and their daughter Atlas Noa.
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BTW
Startup Propps welcomes a new chief operating officer and operations manager
Proptech start-up Propps has announced the appointment of their new COO Jonathan King and their new OM Matilda Salameh
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BTW
Stone Real Estate grows office count from three to 50 in five years
Stone Real Estate just hit a major milestone of 50 offices, as the company overhauls its branding strategy and beefs up its regional offering.
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FRANCHISE NEWS
Richardson & Wrench expands with new office in family-friendly Jordan Springs
Richardson & Wrench have announced their new office will launch in Sydney’s Western suburbs, with the introduction of the Jordan Springs Bespoke franchise.
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BTW
HTW creating new technology for commercial property valuations
Herron Todd White are developing a web-based platform for commercial property valuers offer customers shorter wait times on reports.
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INDUSTRY NEWS
What could burst the Australian property market boom?
Ray White chief economist Nerida Conisbee has investigated whether anything could bring Australia's current property market growth to a halt.
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SUPPLIER NEWS
Aaron Worrad embraces a new way of working
The pandemic prompted Aaron Worrad to reflect on his place in the real estate industry, concluding there was new way of doing business emerging
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INDUSTRY NEWS
What does the Spring selling season look like for states in lockdown?
Less than two weeks out from the spring selling season of 2021, lockdown conditions are in place across the ACT, Greater Melbourne, NSW and NT.
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Real Estate News
Pandemic and climate change to have lasting impact on the real estate industry
The pandemic and climate change are impacting so heavily on the nation that the real estate industry is poised for massive changes
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FRANCHISE NEWS
Dynamic duo: Garry Price joins son David at The Agency
The Agency has welcomed respected industry figure Garry Price to the rapidly growing Queensland team, alongside his son David Price, who acts as the The Agency’s general manager of Queensland.
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Real Estate News
Belle Property returns to The Block to list Ronnie and Georgia’s house
Belle Property Sandringham agents David Wood and Jenny Dwyer have listed Ronnie and Georgia’s house on the current season of The Block.
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BTW
RE/MAX Australia takes award announcements online
RE/MAX Australia have virtually congratulated their 2021 six-month award winners, highlighting the achievements of nationwide offices.
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BTW
Building demand and materials shortage drives jump in construction costs
CoreLogic has found the surge of dwelling approvals and shortage of construction materials has caused a 4.7 per cent annual increase in housing construction costs across Australia. The announcement: CoreLogic’s national measure of residential construction costs show an increase of 1.4 per cent in the three months to June 2021, outpacing the Consumer Price Index of 0.8 per cent for…
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Celebrity Homes
The ultimate lockdown home: This $20 million mansion has a Ferris wheel, swim-up bar and bowling alley
This $20 million Missouri mansion boasts resort-style pool offerings, a Ferris wheel and plenty of indoor activities, perfect for lockdown.
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Real Estate News
NSW Government $17 billion infrastructure plans for economic recovery
The NSW Government confirmed the approval of $17 billion worth of infrastructure, including thousands of new homes
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WA Real Estate News
The Perth suburbs where it’s cheaper to buy than rent
It cheaper to buy a home than rent in 112 Perth suburbs, according to the REIWA.
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FRANCHISE NEWS
Independent agency joins C21 in Mt Gravatt
After eight years operating independently, Stellario Realty Group has joined the Century 21 network and opened a new office in Mt Gravatt.
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Real Estate News
Debit card system EFTPOS partners with Beyond Blue to assist small businesses
EFPOS has announced a new partnership of Beyond Blue, providing funding to support Australian small businesses struggling with mental health issues.
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