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INDUSTRY NEWS
Housing market spike following August rate cut
Australia's housing market has responded dramatically to the August interest rate reduction, with national house prices jumping 1.3 per cent in just one month according to new data.
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INDUSTRY NEWS
Home prices reach new record high
Australian home prices have climbed to a fresh record high, rising 0.5 per cent in August and marking eight consecutive months of growth as the housing market gains momentum.
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INDUSTRY NEWS
High school students increasingly drawn to real estate careers
Queensland high school students are showing strong interest in real estate careers, with thousands engaging with industry representatives at recent career expos across the state.
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Celebrity Homes
Silvio Berlusconi’s “bunga bunga” villa on track for record-breaking sale
The sprawling Sardinian villa that once belonged to former Italian Prime Minister Silvio Berlusconi is close to being sold for approximately €500 million (AUD$896 million) to a wealthy Arab businessman.
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INDUSTRY NEWS
Spring set to deliver property market boost as interest rates fall
The Australian property market is poised for its traditional spring revival, with the season historically delivering the strongest uplift in listings, sales and prices according to new research.
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FRANCHISE NEWS
Ali Bandari: Building a real estate powerhouse in Geelong
Ali Bandari has transformed from high school graduate to real estate entrepreneur, achieving 137 property sales with Area Specialist in Geelong.
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Celebrity Homes
Historic Wedgwood showroom transformed into luxury Mayfair penthouse
A luxurious duplex penthouse with royal connections has hit the market in one of London's most prestigious neighborhoods for £10.5 million (AUD$22 million).
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INDUSTRY NEWS
Housing affordability in New Zealand reaches a six-year high
Housing affordability across New Zealand has improved to its most favourable level since 2019, easing financial pressure on households despite remaining challenges in the rental market.
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INDUSTRY NEWS
Sydney ranks third for luxury rental growth
Sydney has emerged as one of the world's hottest luxury rental markets, recording the third highest growth globally for prime residential rents over the past five years, according to new research.
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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
Rate cuts benefit different housing markets
Australia's housing market has responded differently to each of the three major interest rate cutting cycles since 2015, according to new research.
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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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