Real Estate News
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The Agency WA accelerates growth with three strategic corporate appointments
The Agency WA is pleased to announce it has recently made three key leadership appointments as part of its next phase of strategic growth, reinforcing its position as Western Australia's leading full-service real estate firm.
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It now costs $2.52 million to buy a luxury home
The entry price for luxury homes in Australia has surged to $2.52 million, marking a dramatic 72 per cent increase from a decade ago when premium properties started at $1.49 million, according to new research.
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Dubai’s digital property play: What Australia’s agents should know
Dubai has made headlines after its first tokenised real estate offering was fully funded within a single day — and it could be a sign of what's next in property investment globally.
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Harcourts Connections expands with three new offices in Moreton Bay region
Harcourts Connections is thrilled to announce the opening of three new offices, further strengthening its commitment to serving the community and enhancing its presence in the real estate market.
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Queensland property market defies expectations with five-year growth
Queensland’s property market has delivered another solid quarter of growth, adding to a five-year stretch that has reshaped the state’s housing landscape and seen prices in some regions double.
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Propic launches world-first conversational voice AI for real estate listings
View Media Group's Propic has unveiled groundbreaking new features in its AI-powered platform Claire, marking a significant leap forward for voice-driven property experiences.
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New Zealand property market remains sluggish
Property values across New Zealand edged down slightly in May, with mixed results across the country.
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Residential land prices hit record high amid supply shortages
Residential land prices have surged to a new record high as sales volumes plummet to their lowest level in over two decades, highlighting critical supply constraints in Australia's housing market.
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Builders keep Oz economy standing – but for how long?
Australia’s economic engine is losing steam, but it’s the nation’s builders who are keeping it upright—for now.
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Experienced Ray White team expands its Northern Beaches presence
Ray White Northern Beaches has acquired Ray White Palm Beach, marking a significant strategic milestone and the group's fourth office opening in just nine months since launching.
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Jenny Magill launches her own boutique brand ‘Magill Country Real Estate’ with @realty
Long-time real estate professional Jenny Magill, who has been part of the @realty network since 2019, has taken a major step in her career by launching her very own boutique brand, Magill Country Real Estate, with the support of OASIS powered by @realty.
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Carmen Briggs honoured as Harcourts Hall of Fame inductee at 2025 International Awards
Harcourts International is delighted to announce Carmen Briggs as the newest inductee into the prestigious Harcourts Hall of Fame during the glittering Harcourts International Awards event held as the grand finale of the highly anticipated Harcourts HX conference.
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Domain champions smarter, greener homes in new sustainability in property campaign
Domain's new sustainability campaign reveals energy-efficient homes are commanding premiums up to 75% higher, with features like solar panels and north-facing orientation adding six-figure value. The initiative includes a Home Efficiency Hub offering practical guidance for homeowners seeking both economic and environmental benefits.
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Homeowners stick with banks as internal refinancing hits record high
A record number of Australian homeowners are choosing to refinance their loans with their existing banks rather than switching lenders, with internal refinancing now accounting for more than a third of all mortgage refinances.
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Office conversions fuel new housing supply in major US cities
The push to convert under-utilised office buildings into residential units is gaining momentum across the United States, with major cities ramping up policies and incentives to encourage redevelopment in the face of ongoing housing shortages and sluggish commercial office demand.
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Australian housing market on track for million-dollar medians nationwide
Australia's housing market is experiencing unprecedented growth that could see most capital cities reach million-dollar median house prices by the end of 2026, with Sydney potentially hitting a two-million-dollar median.
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Development site prices soar despite interest rate hikes
Development site prices have risen by more than 75 per cent since 2020 despite sharp interest rate increases, creating significant challenges for housing affordability in Australia, according to new research.
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Australian home prices hit new record as interest rates fall
National home prices have reached a new record high, rising 0.39 per cent in May to mark the fifth consecutive month of growth amid falling interest rates.
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US housing market shifts in favour of buyers
The US housing market has entered a buyer's market phase with nearly 500,000 more sellers than buyers currently active in the market, the largest imbalance on record.
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Michelle Bridges, hosts Jellis Craig’s annual Wellness Event
Leading Victorian property agency Jellis Craig has reaffirmed its commitment to employee wellbeing with a company-wide event dedicated to health, wellbeing, and recharging, hosted by renowned fitness expert, author and television presenter, Michelle Bridges.
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Kathy Purcell’s rise in luxury real estate
For most real estate agents, it’s about selling an area, a location. But for Barry Plant Eastern Group’s Kathy Purcell, it’s about selling a lifestyle – she sells luxury, and she’s exceptionally good at it.
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BresicWhitney acquires top-performing Eastern Suburbs business
The acquisition of The Woollahra Group delivers long-term value and opportunity, with former Principal Randall Kemp also joining BresicWhitney as a shareholder in the business.
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Remax Builds momentum in Victoria with launch of Remax Diamond
REMAX Australia's presence in Victoria is growing, with the announcement this week of a new Melbourne office, REMAX Diamond.
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Sidekick launches free 21-day challenge to help property managers beat burnout
Sidekick launches a free 21-day challenge to combat the burnout crisis sweeping Australia's property management industry. Starting June 9, the initiative offers daily two-minute tips, expert sessions, and community support to help overwhelmed professionals reclaim control and rediscover workplace satisfaction.
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Millennials buck trend with rising interest in homebuying despite mortgage rate pressures
While the broader US population remains hesitant about real estate transactions amid high mortgage rates, Millennials are showing renewed interest in homeownership, according to a new survey from Realtor.com.
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Selling the dream: How travel perks are helping close prestige deals
“More than a home, it’s a passport”: ThirdHome gains ground in Australia and New Zealand luxury markets
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Professionals Real Estate unveils complete transformation
Sean Hanneberry leads multi-million dollar rebrand and business overhaul as the group's new CEO.
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Vennu wins 2025 Top of the Props pitch battle
Seven PropTech startups from across Australia and New Zealand went head-to-head in a live pitch battle on the Gold Coast, with one standout business taking home the top prize and industry recognition from a panel of expert judges.
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RBNZ cuts rates again
The Reserve Bank of New Zealand has cut the Official Cash Rate (OCR) by 25 basis points to 3.25 per cent, marking its sixth consecutive reduction in the current cycle.
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Auction activity surges ahead of King’s Birthday long weekend
Capital city auction volumes are set to reach their third highest level this year with 2,816 homes scheduled to go under the hammer this week, showing strong momentum before the upcoming long weekend.
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Award-winning team joins Ray White in major west Auckland expansion
Ray White New Zealand is proud to welcome award-winning real estate leaders Paul Vujnovich and Trish Adams, along with their high-performing team, to the group marking a significant milestone in the leading network's continued growth across west Auckland.
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REIWA chief executive Cath Hart steps down after three years
Cath Hart has announced her resignation as chief executive of the Real Estate Institute of Western Australia (REIWA) after three years in the role.
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Energy-Efficient homes prove a hot commodity in 2025, fetching up to 14.5% more
As households contend with escalating living costs and energy bills, new research from Domain reveals that energy-efficient homes are not only delivering day-to-day savings, but also fetching significant price premiums at sale.
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Real estate expert takes next step in career at Ray White Palm Beach
A decade after launching his real estate career, Troy Fitzgerald has stepped into business ownership, alongside the Malan family of Ray White Malan and Co, at Ray White Palm Beach on the Gold Coast.
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Jellis Craig Geelong buys out Hayden Real Estate Geelong
Jellis Craig Geelong has purchased Hayden Real Estate Geelong, making it the region’s biggest property management firm.
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