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INDUSTRY NEWS
‘Bleak’ outlook for office assets as workers stay home
Workers are not returning to the office leading to sustained upward pressure on vacancy rates and a negative outlook for the sector according to an expert.
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Movers and Shakers
Belle Property expands its reach across Brisbane’s Northern suburbs
Brooke Hawthorne from Belle Property Ascot is opening a new office in Nundah and expanding her reach in the area.
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Movers and Shakers
Better Homes and Gardens Real Estate servicing two new locations
Better Homes and Gardens Real Estate are expanding in Queensland with Angie Keegan running the Plainland office and Janice Cox taking on Caboolture.
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Movers and Shakers
Benjamin Dax and Ruth Roberts expand to Bentleigh
Benjamin Dax and Ruth Roberts of Woodards Carnegie are growing their reach by acquiring the nearby Bentleigh office.
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Movers and Shakers
Knight Frank Australia champions diversity with the Property Council of Australia
Knight Frank is focusing on diversity, equity and inclusion in partnership with the Property Council of Australia NSW.
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Movers and Shakers
Ray White expands its footprint across the far north of New Zealand
Ray White continues its growth in New Zealand's far north with business owner Sean Stratton acquiring multiple offices in the Northland region.
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INDUSTRY NEWS
Eight new Perth suburbs hit the million-dollar mark
Perth’s booming property market has seen eight new suburbs hit the million-dollar median house price according to The Real Estate Institute of Western Australia (REIWA).
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INDUSTRY NEWS
You can now order your own ‘foldable’ home from Amazon
If you’ve been looking for an affordable home, the good news is that Amazon can now deliver a foldable home to your door for just $53,100.
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INDUSTRY NEWS
Zillow launch their new 3D tour experience on Apple Vision Pro
US property platform Zillow, has launched Zillow Immerse in the Apple Vision Pro app story, providing buyers with groundbreaking virtual walkthroughs and interactive 3D floor plans.
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INDUSTRY NEWS
Competition cools despite record low vacancy rates
Vacancy rates have returned to record low levels, but there is hope for renters, with new data showing competition for properties is starting to ease.
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INDUSTRY NEWS
New Zealand property prices continue their recovery in January
Home prices across New Zealand have continued to rebound, with values up 0.4 per cent in January according to CoreLogic NZ.
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INDUSTRY NEWS
Rates likely to stay on hold after inflation tumbles
Inflation has fallen to its lowest rate in two years, with experts now predicting the Reserve Bank of Australia (RBA) will leave rates on hold at next week’s meeting.
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Elite Agent TV
Ryan Bradeley on building a database business
Formy navy pilot Ryan Bradeley understands discipline and structure better than most and he’s been able to use that to become an elite sales agent at Ray White Kawana Waters.
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INDUSTRY NEWS
More retail assets likely to come to market as transactions rise
The retail sector has started the new year with a flurry of activity and there could be more assets coming to market this year, according to an expert.
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INDUSTRY NEWS
Western Sydney popular with first-home buyers
A host of suburbs across Western Sydney have topped the list of the most popular with first-home buyers, according to new data.
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INDUSTRY NEWS
South Australian property prices hit a record high
South Australian property continues to go from strength to strength with new data showing the median price has again made a new record high.
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INDUSTRY NEWS
Swimming pools make homes more valuable
The backyard pool is always a popular feature during the summer holidays and now new data shows that properties with pools are more attractive to buyers.
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INDUSTRY NEWS
Agents tip interest rates to drive the market in 2024
Over 70 per cent of real estate agents think interest rates are going to be the big driver of the housing market in 2024 according to a new survey.
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INDUSTRY NEWS
Clearance rate tops 80 per cent at Ray White Surfers Paradise auction bonanza
There were huge numbers of buyers on the Gold Coast this past weekend for Ray White’s annual The Event auction day, highlighting just how much demand there is for Queensland property.
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INDUSTRY NEWS
REIA on the hunt for solutions to the regional housing crisis
The Real Estate Institute of Australia (REIA) is putting together a summit focused on finding solutions to help ease the ongoing housing crisis that is severely hurting regional Australia.
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INDUSTRY NEWS
Perth suburbs grow in value by more than 30 per cent
Perth was one of the hottest property markets last year, with the top-performing suburbs seeing growth of more than 30 per cent according to new data.
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INDUSTRY NEWS
First-home buyers make a record share of property purchases
First-home buyer (FHB) activity has jumped in New Zealand, with new data showing the cohort now make 27 per cent of home purchases.
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INDUSTRY NEWS
Coastal hotspots set to see strong demand in 2024
Coastal locations continue to be in favour with buyers, with experts predicting a number of beachside suburbs across the country are likely to see solid growth in 2024.
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INDUSTRY NEWS
Commercial transaction volumes could bounce back in 2024
Commercial transaction volumes are set to rebound as opportunistic buyers look to capitalise on lower prices and a potential cut in interest rates, according to an expert.
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INDUSTRY NEWS
Rents hit another record high but growth likely to slow
Tenants continue to feel the pressure of the housing crisis, with rents surging to a record high and passing $600 per week.
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INDUSTRY NEWS
Inside the Brisbane home used in Boy Swallows Universe
A trio of Brisbane homes have showcased the Queensland capital to the world as part of the hit Netflix series, Boy Swallows Universe.
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INDUSTRY NEWS
US commission lawsuit takes aim at 35 agencies and industry groups
A major commission lawsuit has been filed in California that names more than 35 defendants, including the National Association of Realtors (NAR), alleging they violated federal and state antitrust laws by conspiring to inflate broker commissions.
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INDUSTRY NEWS
Over two-thirds of mortgage holders struggle to make repayments
Life isn’t getting any easier for mortgage holders, with over two-thirds struggling to make their repayments according to a new survey.
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INDUSTRY NEWS
Rising construction costs signal a return to trend
Construction cost increases have started to reaccelerate, but experts believe this is just a return to trend and not another new surge in prices according to CoreLogic.
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INDUSTRY NEWS
Developers struggle to sell off the Paris Olympic Village
Developers building the Paris Olympic Village are struggling to sell the apartments once the Games are finished, due to France's property market downturn.
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INDUSTRY NEWS
Academics say first-home buyers shouldn’t buy now
First-home buyers should be cautious about purchasing in the current market, according to academics.
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INDUSTRY NEWS
Industry leaders unite at theOne Conference: pioneering success strategies for real estate in 2024
Win January and you win then you win the rest of the year was the main message from Avi Khan at theOne Conference on the Gold Coast.
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INDUSTRY NEWS
NSW vacancy rates ease but crisis far from over
Renters across NSW have seen a slight reprieve in December with vacancy rates rising but the rental crisis is far from over according to the industry.
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APPOINTMENTS
LJ Hooker appoints Campbell Dunoon as Head of Network in New Zealand
The LJ Hooker Group has appointed respected industry leader Campbell Dunoon as Head of Network - New Zealand for its LJ Hooker and Harveys network of offices.
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Elite Agent TV
Brad Wilson on growing exponentially with online auctions
Chairman’s Elite agent Brad Wilson from Ray White Upper Coomera has seen his numbers explode thanks to the online auction process closing over 120 transactions last year and growing when many others saw their numbers decline.
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