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INDUSTRY NEWS
Real estate developer builds voice-activated homes in Ghana
A real estate developer in Ghana has taken on the task of building a community of futuristic homes to help enhance the local neighbourhood.
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INDUSTRY NEWS
Property upswings trump downturns over the past 30 years
Upswings in Australian property have been larger and longer than the subsequent downturns where prices slightly decline or just flatline according to new research.
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INDUSTRY NEWS
One in five ACT landlords plan to sell if rental changes come in
Proposed changes to the Residential Tenancies Act in the ACT could lead to one in five investors selling their rental property.
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INDUSTRY NEWS
China crisis wipes out $90 billion from developers
Chinese property developers have seen the value of their stocks fall by US$90 billion as the China crisis worsens.
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COMMERCIAL
Lendlease is making a $350 million play for a famous Perth skyscraper
Lendlease is targeting a famous Perth skyscraper developed in the 1980s by infamous WA entrepreneur Alan Bond.
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INDUSTRY NEWS
WeWork founder looking to take on housing availability
Founder of shared office space provider, WeWork, Adam Neumann is looking to take on the issue of housing affordability in the US with a new startup.
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Celebrity Homes
Larry Ellison lists Palm Beach mansion for $145 Million
Billionaire Oracle co-founder Larry Ellison is selling one of his many million-dollar homes, listing Seminole Beach estate for US$145 million.
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INDUSTRY NEWS
Home builders to weather the interest rate storm
Home builders are well positioned to handle higher interest rates, believing the events of the past two years have been more difficult to contend with.
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INDUSTRY NEWS
The value of new loans fell 4.4 per cent in June
The value of new home loans across Australia has fallen 4.4 per cent last month, continuing to soften from the peak of $33.2 billion in January.
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Celebrity Homes
Rihanna takes a loss on her modern Hollywood Hills villa
Singer Rihanna hasn’t been able to capitalise on the strong US real estate market over the past few years, taking a loss on the recent sale of her Hollywood Hills villa.
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INDUSTRY NEWS
Regional prestige lifestyle areas the first to show weakness
Rampant house price growth in regional lifestyle areas, previously fuelled by Covid lockdowns, has started to turn, with the prestige market falling first.
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INDUSTRY NEWS
The areas where property price growth is still occurring
Despite property values starting to fall in the larger capital cities, there are still multiple locations around the country that are likely to still see price growth according to an expert.
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INDUSTRY NEWS
Cold, unhealthy rental homes don’t meet international standards
Australian renters are being forced to live in cold, unhealthy homes that aren’t meeting international standards on indoor temperatures according to a new report.
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Celebrity Homes
Record breaking US home back on the market
A Beverly Park estate, situated in the most exclusive part of Beverly Hills, California, is headed to auction with an asking price of nearly US$80 million.
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INDUSTRY NEWS
Profitable resales start to fall across New Zealand
Profitable resales across New Zealand have started to fall as interest rates rise and a surge in listings weighs on the property market.
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Celebrity Homes
Inside Real Housewives Diana Jenkins’ ultra-modern Beverly Hills mansion
Real Housewives of Beverly Hills star Diana Jenkins might own a Hidden Hills estate, but she is currently leasing a US$17.4 million Beverly Hills mansion as she shoots the latest season of the hit show.
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Celebrity Homes
This is Us star Milo Ventimiglia buys a secluded Malibu getaway
This is Us and Gilmore Girls star Milo Ventimiglia has paid US$4.4 million for a modern, ocean-view, ranch house in the far reaches of Malibu.
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COMMERCIAL
Industrial assets could be a good inflation hedge
Industrial assets could be a good hedge against ongoing inflation pressures but not all commercial assets will be as effective according to an expert.
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INDUSTRY NEWS
145,000 homeowners would consider selling if rates rise
Over half a million Australian households would struggle to pay their mortgage, with many forced to sell, if interest rates rose three per cent according to a new survey.
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Celebrity Homes
Macaulay Culkin buys Kiefer Sutherland’s Toluca Lake estate
Home Alone star Macaulay Culkin and his fiance Brenda Song have been named as the mystery buyers of Kiefer Sutherland’s Toluca Lake estate.
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INDUSTRY NEWS
Big banks pass on the full 0.5 per cent rate hike
Three of the big four banks have passed on the Reserve Bank of Australia's full August interest rate rise of 0.5 per cent.
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INDUSTRY NEWS
Nerida Conisbee: Why mortgagee sales are rising
Cost of living pressures and mortgage stress has seen the number of mortgagee sales increase according to new data.
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INDUSTRY NEWS
Top locations for investors with a $100k deposit
Outer city and regional areas are providing the best value for investors with a $100,000 deposit according to new research.
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FEATURE INTERVIEWS
Jasmyn Calgaro: How to successfully launch your real estate career
In less than seven years, high-performing agent Jasmyn Calgaro of Ray White Nepean Group has been able to go from starting from nothing to completing more than 130 deals last year.
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INDUSTRY NEWS
The Tasmanian market contracts as rates rise
Rising interest rates have started to bite in Tasmania with sales activity contracting.
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Celebrity Homes
Hugh Jackman buys minimalist West Chelsea penthouse
Hollywood megastar Hugh Jackman has quietly picked up a luxury New York penthouse in West Chelsea for US$21.125 million.
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INDUSTRY NEWS
Inflation outstrips rental growth for more than a decade
Inflation has risen at more than twice the rate of weekly rents over the past decade, forcing many landlords to say "enough is enough".
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Celebrity Homes
Ben Affleck selling his Pacific Palisades bachelor pad
Two-time Oscar winner Ben Affleck is selling his LA bachelor pad after marrying former fiancée Jennifer Lopez.
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COMMERCIAL
Office demand improving for high migration states
Locations with strong population growth have also started to see improvement in office demand.
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INDUSTRY NEWS
Should NZ first-home buyers purchase now or wait?
There might be merit in first home buyers waiting a little longer before trying to get into the New Zealand property market, according to a leading expert.
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INDUSTRY NEWS
More Perth suburbs join the million-dollar club
Strong price growth across the upper end of the Perth market has seen eleven new suburbs join the million-dollar price bracket for the first time.
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Celebrity Homes
Johnny Galecki selling his Hollywood Hills home
Big Bang Theory star Johnny Galecki is selling his Los Angeles home that has been previously owned by Jason Statham, Lou Diamond Phillips and Ben Stiller.
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INDUSTRY NEWS
Sydney properties top the international waterfront index
Luxury waterfront properties in Sydney command the highest premiums in the world, with the Harbour City taking out top spot in this year’s international waterfront index.
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SUPPLIER NEWS
Listings surge sees REA Group post strong earnings
REA Group has released its full-year financial results with the post-lockdown surge in listings on realestate.com.au leading to a sharp jump in both revenue and earnings.
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Celebrity Homes
Richard Gere buys Paul Simon’s Connecticut home
Pretty Woman star Richard Gere has quietly purchased the long-time Connecticut home of married musicians Paul Simon and Edie Brickell.
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