National
Real estate news from across Australia – market shifts, regulatory changes, and industry developments that affect property professionals nationwide.
Ray White reports record month of transactions in March
Records are continuing to tumble in the Australian property market, with Ray White Group reporting a record month of transactions in March.
CoreLogic data confirms national housing values hit new record high last month
Low mortgage rates, a rise in consumer sentiment and low listing volumes combined to propel national housing values…
Properties selling at record speeds according to latest REA Insights Property Outlook Report
The Australian property is showing no signs of slowing down for the remainder of 2021, with the latest…
Console Cloud integration with Snug will streamline leasing process for property managers
A new application integration from software company Console Cloud will enable property managers to streamline the leasing journey.
One in five first-time buyers considering crossing the border to enter property market
First-time homebuyers are increasingly looking outside their own back yards in an attempt to get a foothold in…
Why ‘Pay On Success’ is a real estate game-changer for you and your vendor
As an agent, you know selling a home is a rewarding experience, however discussing the upfront costs for…
Openn season: Reserve prices smashed using online negotiation platform
Reserve property prices are continuing to be smashed around the country, as Australia’s surging property market continues to…
Reserve Bank Board maintains current policy settings and leaves official cash rate on hold
As had widely been expected, the Reserve Bank Board opted to leave the official interest rate on hold…
CoreLogic data reveals busiest Easter auction week on record
The weekend before the four-day break helped make for the highest-volume week of auctions in three years, but…
Balancing act: How do you expand regional centres without destroying their character?
With massive population growth in the regions over the past year, ensuring regional areas can sustainably expand without…
Expats are coming home to boost Australia’s already-soaring property market
Well-heeled expatriates returning to Australia are helping drive the nation’s booming property market to new highs, according to…
REIA welcomes end of moratorium on rental evictions
The Real Estate Institute of Australia (REIA) has welcomed the end of rental eviction moratoriums in many states…
The CEO Magazine announces new Real Estate Executive of the Year award
The CEO Magazine has just announced applications are open for its annual Executive of the Year Awards, and…
Capital city CBD occupancy rates on the rise
The latest Property Council of Australia office occupancy survey has revealed more workers are returning to capital city…
REA Group announces proposal to acquire Mortgage Choice
REA Group has today announced a proposal to acquire publicly listed mortgage-broking firm Mortgage Choice.
The Agency announces appointment of Geoff Lucas as Group CEO
The Agency has just announced the appointment of Geoff Lucas as Group CEO, with the highly experienced industry…
Auction volume rising, clearance rate holds firm
Busiest auction week since April last year and next week tipped to be higher
Riskwise warns of possible credit restrictions to cool housing market
According to RiskWise Property Research, there is a possibility that regulators could introduce credit restrictions later this year…
Australia second-most-popular offshore destination for Asian property investors
Despite the COVID-19 pandemic having restricted and reduced the physical movement of Asian real estate buyers around the…
Houses the standout performers as auction volumes rise
Auction volumes rose across the combined capital cities this week, with 2232 homes taken to auction, marking the…
Market confidence ensures strong start to 2021 for new home sales
New home sales have surged in Australia over the past 12 months, with the latest Housing Industry of…
Trigger happy: Rex announces integration with automated tech tool Zapier
Rex Software has integrated a new automation tool into its CRM that has helped US agents reduce their…
Reserve Bank Governor issues warning on housing prices
In a speech in Sydney on Wednesday, Reserve Bank Governor Dr Philip Lowe has issued a warning about…
Report finds fixing income equality key to addressing property ownership imbalance
A new report released by CoreLogic suggests addressing gender income equality could also help close the gender wealth…
Karmen Costigan joins Harcourts Australia as Head of Property Management
One of the nation’s largest real estate franchise networks, Harcourts Group Australia, has appointed seasoned industry professional Karmen…
Property Council survey reveals slowdown in rate of workers returning to offices
Australia’s central business districts are taking a long while to recover from the effects of COVID-19 social restrictions,…
Reserve Bank leaves official interest rates at historic low
As widely expected, the Reserve Bank left official interest rates unchanged at the historic low of 0.1 per…
Price growth in capital cities outstripping regions according to REA Insights Home Price Index data
Capital city price growth outpaced regional growth for the second time in 12 months in February, data from…
Australian home values rise at fastest rate in 17 years
CoreLogic’s national home value index for February showed prices rose across each of the capital city and rest-of-state…
The Agency announces half-year profit and record earnings
The Agency has released its half-year financial results, chalking up a maiden profit and record earnings for the…
Call for fast-tracked infrastructure investment
Infrastructure Australia has released its 2021 Priority List, which the nation’s property industry has labelled a “wake-up call”…
Proply and ListReady partnership offers ‘list now, pay later’ solution
Leading digital proposal software group Proply and real estate credit provider ListReady have teamed up to provide agents…