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INDUSTRY NEWS
Canadian rental market sees best affordability in two years after immigration cuts
Renters across Canada are experiencing the most affordable rental conditions in two years, with average asking rents declining for the twelfth consecutive month.
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INDUSTRY NEWS
Rental growth accelerates amid record-low vacancy rates
Australia's rental market is strengthening with national vacancy rates hitting a new record low, driving up rental prices across the country.
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INDUSTRY NEWS
Home loan intentions climb as Australians embrace property
Australian consumers are increasingly focused on property purchases, with home loan intentions jumping 46 per cent in just eight months, according to new research data.
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INDUSTRY NEWS
Domain’s Chief Commercial Officer, John Foong steps down
Domain's Chief Commercial Officer, John Foong, has announced he will be stepping down from his position in two weeks after four years with the company.
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Celebrity Homes
Supercars’ Betty Klimenko splashes $4m on beachfront hideaway
Betty Klimenko, owner of the Erebus Motorsport Supercars team, has purchased a $3.95 million oceanfront property at Culburra Beach on the NSW South Coast, following her team's disappointing fourth-place finish at this year's Bathurst 1000.
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INDUSTRY NEWS
Nearly 100 Australian suburbs achieve decade of double-digit growth
Australia has 98 suburbs where house prices have consistently risen by at least 10 per cent annually over the past decade, with regional areas outperforming capital cities.
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People Moves
Wilson Property takes top honours as REIV Awards for Excellence celebrate industry achievement
Wilson Property – Traralgon has taken out the top prize at the Real Estate Institute of Victoria’s (REIV) Awards for Excellence 2025, being named both Large Residential Agency of the Year and Regional Agency of the Year.
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Celebrity Homes
Mark Wahlberg buys $37 million Florida mansion on ‘Billionaires Row’
Hollywood actor Mark Wahlberg has purchased a lavish US$37 million (AUD$50 million) mansion in Florida's exclusive "Billionaires Row," just months after selling his Beverly Hills estate to Paris Hilton for US$63.1 million.
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INDUSTRY NEWS
One in three Australian property markets now worth $1 million plus
The once-exclusive million-dollar property club has reached a record high, with one in three Australian property markets now commanding a median value of $1 million or more.
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Celebrity Homes
Historic Hollywood star’s home that survived Palisades Fire hits market
A Colonial-style Los Angeles home built for Old Hollywood star Virginia Bruce in 1938 has been listed for $14.5 million (AUD$23 million) after surviving the recent Palisades Fire.
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INTERNATIONAL
US rental affordability hits four-year high as market cools
Rental affordability in the US has reached its best level in four years, with typical rentals now requiring 28.4 per cent of median household income nationwide, falling below the 30 per cent financial burden threshold.
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INDUSTRY NEWS
Victoria blocks rental bidding at the source
The Victorian government has partnered with major real estate websites to prevent unlawful rental bidding practices by ensuring only single, fixed prices appear on rental listings.
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Celebrity Homes
Sooshi Mango’s Joe Salanitri lists much-loved Mount Waverley home
Sooshi Mango’s Joe Salanitri is parting ways with the Mount Waverley home that’s been at the heart of his family life for the past decade - the place where his children were born, neighbours became friends, and even a dash to the hospital turned into a feel-good local story.
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Celebrity Homes
Sienna Miller’s storybook cottage hits the market
Actress Sienna Miller has listed her charming thatched-roof cottage in the English countryside for £1.95 million (AUD$4.07 million).
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INDUSTRY NEWS
Rising unemployment could trigger earlier rate cuts
Australia's unemployment rate has unexpectedly jumped to 4.5 per cent in September, potentially accelerating the timeline for interest rate cuts that would benefit the property market.
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INDUSTRY NEWS
Growth in construction costs falls to lowest level in decade
Construction costs are continuing to climb from an already elevated base, with a 0.6 per cent increase recorded in the September quarter.
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Celebrity Homes
Jamie Durie lists luxury eco-home for $33 million
Jamie Durie is selling his dream eco-home overlooking Pittwater on Sydney's northern beaches with a price guide of $33 million, after a decade-long creation process.
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INDUSTRY NEWS
Sydney leads auction upswing with busiest week since April
The Australian auction market is set for its most active period in months, with Sydney emerging as the standout performer.Â
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INDUSTRY NEWS
Australians still struggling with cost of living crisis
Despite government support and financial resilience, just 7 per cent of Australians believe the cost-of-living crisis has improved over the past year.
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INDUSTRY NEWS
UK house price growth slows to five-month low
British house prices recorded their weakest annual growth since April, rising just 1.3 per cent in the 12 months to September amid economic uncertainty and potential tax changes.
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Celebrity Homes
Historic Josephine Baker mansion hits market for €20.84 million
A magnificent 12-bedroom mansion once home to legendary performer Josephine Baker has been listed for sale at €20.84 million (AUD$36.77 million) near Paris.
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INTERNATIONAL
Manhattan office conversions rise as housing demand grows
Manhattan is experiencing a dramatic increase in office-to-apartment conversions, with twice as much space being transformed in 2024 compared to the previous year.
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INDUSTRY NEWS
Lane Cove tops Australia’s most liveable neighbourhoods list
Sydney's north shore council area of Lane Cove has been named Australia's most liveable neighbourhood in a comprehensive national study involving more than 27,000 Australians.
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Celebrity Homes
Jane’s Addiction frontman’s former LA home hits market at US$2.7M
A distinctive modernist residence originally built for Perry Farrell, the frontman of Jane's Addiction and founder of Lollapalooza, has been listed for sale at $2,695,000 (AUD$4 million) in Venice, California.
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INTERNATIONAL
Maid’s rooms rank among the UAE’s most searched home features
Forget location and price, UAE home seekers are now searching for something else. According to Property Finder’s latest data, maid’s rooms have become one of the most sought-after features in 2024–2025, signalling how residents’ priorities are changing as family structures and lifestyles evolve.
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INDUSTRY NEWS
Sydney renters facing mortgage stress without owning homes
Sydney tenants are now experiencing mortgage-level financial stress without even owning a home.
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Celebrity Homes
Adelaide office with Hollywood connections hits the market
A commercial property with strong ties to the film industry has been listed for sale in Adelaide, offering investors a secure tenant with connections to major Hollywood productions.
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INDUSTRY NEWS
Five regions ripe for small property development
Investors are strategically targeting specific regions for small property developments that offer strong capital growth potential and healthy cash flow returns in the coming years.
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Celebrity Homes
Late Broadway producer’s Miami Beach condo lists for $19.39m (A$30.1m)
A Miami Beach condo owned by late Tony Award-winning Broadway producer Luigi Caiola has hit the market for $19.39 million (A$30.1m), with the sale to include its custom furnishings and most of the art.
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INDUSTRY NEWS
Miami tops global real estate bubble risk index
Miami's once-booming housing market has earned the dubious distinction of being named the world's most vulnerable real estate bubble.
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