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INDUSTRY NEWS
Pet-friendly workplaces unlikely to solve office vacancy crisis
Despite Australia having more pets than people, bringing furry friends to work is not the silver bullet solution to the nation's office vacancy problem, according to an expert.
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INDUSTRY NEWS
Home sale cancellations hit record high in the US as buyers retreat
Home purchase agreements in the US are falling through at the highest rate in years as buyers grapple with affordability concerns despite a slight increase in overall sales.
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Celebrity Homes
Former NASCAR champion lists luxury lakefront estate for $12 million
Former NASCAR driver Jamie McMurray has placed his custom-built mansion in Mooresville, North Carolina, on the market for US$12 million (AUD$18 million), making it one of the most expensive listings in the area known as "Race City U.S.A."
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Celebrity Homes
Fashion designer lists stunning Mosman home for $18 million
Bec + Bridge co-founder Bridget Yorston has put her Mosman property on the market with an $18 million price guide.
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Celebrity Homes
Tennessee estate with famous recording studio hits market for $24 million
A sprawling Tennessee estate featuring the renowned Dark Horse Recording studio, where music icons including Taylor Swift and Neil Diamond have recorded, has been listed for sale at US$24 million ($AUD 37 million).
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INDUSTRY NEWS
UK housing market sees strongest July sales since 2020
The UK housing market experienced its busiest July for property sales since the post-lockdown boom of 2020, as sellers adjusted prices to attract buyers in the current economic climate.
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Celebrity Homes
Bachelor couple sells luxury Elsternwick home
Former Bachelor stars Sam and Snezana Wood have sold their renovated Elsternwick property, with industry sources indicating the sale price was close to their $6.6 million asking price.
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INTERNATIONAL
US home sellers playing the waiting game
The traditional summer surge in US home sales has stalled as sellers hold off listing their properties in hopes of securing higher prices in the future.
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INDUSTRY NEWS
Interior design boosts property values by up to 120 per cent
Professional interior design is proving to be a significant investment for homeowners, with new data showing designer homes commanding premiums of more than double the price in some Australian suburbs.
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Celebrity Homes
Hollywood power couple’s longtime home hits market for US$5 million
The longtime Los Angeles home of filmmaker John Cassavetes and actress Gena Rowlands has been listed for sale at US$4.995 million (AUD$7.5 million), marking the first time in over six decades the property has been available on the market.
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Celebrity Homes
Heavy metal guitarist lists castle-inspired Las Vegas mansion for US$28 million
A castle-inspired mansion in Las Vegas owned by Five Finger Death Punch guitarist and founder Zoltan Bathory has hit the market for US$28 million (AUD$43 million).
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INDUSTRY NEWS
Cameron McIntyre to lead REA Group as new CEO
Cameron McIntyre has been appointed as the new Chief Executive Officer of REA Group Ltd, set to take the top position from November 3, 2025, following the retirement of current CEO Owen Wilson.
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FRANCHISE NEWS
Mark Sewell: Community connections drive success in Koo Wee Rup
Mark Sewell has built his real estate business on community connections and genuine client service, creating a powerful presence in Koo Wee Rup where he commands an impressive 50 per cent market share.
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INTERNATIONAL
Dubai property prices surge with villas leading the way
Dubai's real estate market is experiencing robust growth in 2025, with property prices climbing steadily through the first five months of the year
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INDUSTRY NEWS
ASIC review could unlock billions for property investment
The Australian Securities and Investments Commission (ASIC) has launched a targeted review that could potentially boost superannuation fund investment in property assets by billions of dollars.
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Celebrity Homes
Dubrows sell Beverly Hills mansion for $16.5 million
The luxury real estate market in Beverly Hills continues to thrive as celebrity couple Terry and Heather Dubrow have sold their mansion for US$16.5 million (AUD$22 million).
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INDUSTRY NEWS
New Zealand property resale profits hit a decade low
Property owners in New Zealand are experiencing the lowest rate of resale profits in more than a decade as subdued values and high inventory levels continue to favour buyers in the current market.
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INDUSTRY NEWS
RBA rate cut set to fuel spring property market confidence
The Reserve Bank’s third cut this year is poised to lift market sentiment ahead of the busiest selling season, but experts warn that affordability challenges remain.
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FEATURE INTERVIEWS
Rudy Grommen: Finding strength in family and team
Rudy Grommen's positive outlook has not only built a successful real estate career spanning 25 years but is now helping him face his biggest challenge yet, stage four colorectal cancer.
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Celebrity Homes
Brad Pitt acquires $12 million Hollywood Hills home
Hollywood star Brad Pitt has purchased a Spanish-style home in Los Angeles for US$12 million (AUD$18 million), adding to his growing real estate portfolio.
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INDUSTRY NEWS
Property boom creates record number of Australian millionaires
Australia now boasts one of the world's highest concentrations of millionaires, with one in ten Australians holding wealth exceeding US$1 million, according to a new report.
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Celebrity Homes
Actress sells historic Case Study house above asking price
Lily Collins has sold her midcentury modern home in Pasadena, California for US$6.13 million (AUD$10 million), exceeding her asking price in an off-market deal that closed in late June.
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INDUSTRY NEWS
Government eases borrowing constraints for Australians with HECS debt
The federal government has instructed financial regulators to update their guidance on how HELP debts are assessed during mortgage applications, making it easier for Australians with student debt to secure home loans.
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INDUSTRY NEWS
Rate cut expected to boost borrowing power and house prices
The Reserve Bank of Australia is widely expected to cut interest rates this week, increasing borrowing capacity for homebuyers while potentially driving property prices even higher.
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Celebrity Homes
Sarah Paulson sells her Hollywood Hills home for $3 million
Actress Sarah Paulson has found a buyer for her Hollywood Hills West home just three weeks after listing it for US$2.995 million ($AUD 4.6 million).
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INDUSTRY NEWS
New ACCC rules set to reshape commercial property deals with major supermarkets
Commercial property landlords with major supermarket tenants face significant regulatory changes from January 2026, with new mandatory ACCC notification requirements potentially impacting transaction timelines and costs.
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Celebrity Homes
Kanye West’s former property transformed into $17 million Chumash-inspired estate
A Hidden Hills property once owned by Kanye West has undergone a dramatic transformation, with the original dwelling demolished to make way for a luxurious US$17 million ($AUD 25 million) equestrian estate that draws inspiration from Native American heritage.
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FRANCHISE NEWS
Nakita Tate: From functional to excellence in elevating real estate operations
Nakita Tate understands the difference between a functional real estate business and a truly exceptional one, and she knows how technology and human expertise are integrated.
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INDUSTRY NEWS
One-third of non-homeowners have abandoned their property dreams
A growing number of Australians have given up on the dream of homeownership, with more than a third saying they have no plans to buy a property at all.
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INDUSTRY NEWS
UK house prices rebounded 0.6 per cent last month
UK house prices increased by 0.6 per cent in July following a 0.9 per cent fall in June, signalling renewed strength in the housing market despite economic uncertainties.
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Celebrity Homes
Aaron Paul’s Los Feliz home hits market for $9.95 million
Actor Aaron Paul is selling his century-old Los Feliz home in Los Angeles, for US$9.95 million (AUD$15.3 million).
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Celebrity Homes
Adam Lambert sells Hollywood Hills home at a loss
Singer Adam Lambert has sold his luxurious Los Angeles home for US$6.2 million (AUD$10 million), taking a US$300,000 loss on the property he purchased in 2018.
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INDUSTRY NEWS
Property values rise across all capitals as housing market strengthens
National dwelling values have increased for the sixth consecutive month, with every capital city recording growth as the housing market continues to strengthen.
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