Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
New REINSW president Peter Matthews takes the reins
Peter Matthews, Founder & CEO of Realtair, today begins a two-year tenure as President of the Real Estate Institute of NSW (REINSW). Mr Matthews takes the reins from Leanne Pilkington, CEO and co-owner of the Laing+Simmons network, who remains on the REINSW Board.
Snug and Zango integrate to make renting easier and faster
"In the highly competitive Canberra rental market speed counts. As a modern, vibrant property portal with an unwavering…
Buyers waiting for price reductions will be disappointed
Sydney house prices to reach new heights in 2022
House prices are expected to surge as domestic borders open and international travel resumes, according to experts surveyed…
Regional property markets predicted to outperform capital cities in 2022
Regional property markets will be the ones to watch in 2022, according to Canstar’s inaugural Rising Stars Report,…
Crypto tokens welcome all global property investors
The Real Estate industry is buzzing as international properties can now be bought and sold using cryptocurrency tokens.
RBA keeps cash rate on hold but rise likely in 2023
Despite a rise in inflation, the Reserve Bank of Australia has again opted to keep the official cash…
Housing affordability declines as investors flock to COVID-free states
New loan commitments for housing have fallen, particularly in COVID-ravaged states, as housing affordability continues to decline.
New guide helps real estate agents master digital marketing
Australians spend 1.46 hours on average a day on social media and 20.5 million of us use Facebook…
McGrath expands its reach across Greater Western Sydney
McGrath West Group lead by Kon Stathopoulos today announced the expansion of its Greater Western Sydney operation.
Investments and carbon reduction all part of REA Group’s sustainable year
Despite unpredictable economic and social conditions created by the global pandemic, REA Group has remained committed to its…
Spring selling sees surge in Perth listings
The number of houses on the market has jumped across Perth as sellers ‘take advantage of Perth's strong…
Belle Property expands its footprint across Sydney’s Eastern suburbs
Belle Property has today announced the opening of a new office in Potts Point, headed up by leading…
Clearance rate slips below 80 per cent as auction volumes surge
This week again proved busy for auctions, with CoreLogic tracking 3524 auctions across the major capitals.
Ray White NSW and ACT celebrates its 2021 winners
In these COVID-safe times, Ray White held yet another zoom awards for its New South Wales and ACT…
Values alignment – why supporting a charity is more than doing the right thing
We’re about to launch in to a full month dedicated to raising funds for Make-A-Wish.
REA Group backs stamp duty exemptions supporting City of Melbourne
REA Group has announced a new partnership with the City of Melbourne to help bring to life the…
Hobart median house price hits the $1 million mark
The record run of house price growth across Tasmania has seen many inner-city Hobart suburbs hit the exclusive…
New Zealand’s hot property market starting to slow down
New Zealand’s property market may see a mini bounce back in the final two months of 2021, but…
Regional renters struggle as listings plummet
Regional renters are facing an uphill battle to put a roof over their heads with the number of…
Residential land in high demand across Australia
Vacant land is one of the hottest commodities in residential real estate at the moment with some blocks…
Australian real estate ranks number one for sustainability
Australia’s real estate market has topped the list in the internationally recognised GRESB Real Estate Assessment ranking for…
CPI edges towards RBA target
Newly released figures show the All Group Consumer Price Index for September increased at a similar rate to…
Property prices hit records across the country but the market is cooling
Australia’s median house price is fast approaching $1 million with the fastest rate of annual growth on record…
McGrath recruits top agent Ruma Mundi
Rental managements rolling in as Bundaberg market booms
Scorching land demand continues across Southeast Queensland
A 70% fall in land for sale in southeast Queensland has led to surging prices and one of…
Rent.com.au financial report reveals further growth
Rent.com.au has released its 2020/2021 financial report, revealing another year of growth, despite posting a net operating loss…
Rental prices surge amid stock shortages and high demand
Australian rental prices have surged over the past 12 months, recording the fastest annual rise since 2008, new…
Units hot property in Northern Territory market
The unit and townhouse market across the Northern Territory continues to soar with sales volumes and weekly rents…
NSW property market the strongest in 40 years
REINSW, CEO Tim Gibbons, believes the strength in the current market is ‘like nothing he’s seen before,’ as…
Five key pillars to identify growth suburbs
With property market around the country growing at a rapid rate, one property expert has urged buyers to…
Star Bexley agent joins Raine & Horne as market prepares for take off
Marc Gable who specialises in properties from Bexley and surrounds joins Raine & Horne Bexley
RiTA by AiRE wins industry innovation award second year running
RiTA by AiRE has been awarded the REIQ Awards For Excellence 2021 - Industry Innovation on Saturday 23…