Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Metro Adelaide sets new record for median price
Metropolitan Adelaide has recorded a record-breaking median price increase of 13.82 per cent year-on-year, up 3.7 per cent from the previous quarter, according to new data. The new median price…
Cash or crypto: vendors accepting Bitcoin ‘a natural progression’
A unique sprawling property, including a beach-house, studio and its very own island, has been listed for sale,…
APRA tells standing committee its role is not to target house prices
The Australian Prudential Regulatory Authority (APRA) has appeared before the Standing Committee on Tax and Revenue, outlining its…
Final countdown before AREAs submissions close
REA Group customers have until midnight Wednesday 17 November to finalise submissions for the Annual REA Excellence Awards…
Rising interest rates won’t burst the property market
Interest rates don’t create property booms or busts, according to new research by the Property Investment Professionals of…
What agents need to tell potential buyers about house flipping
A real estate agent’s reputation is their lifeblood, so it’s critical they give the right advice when it…
Vacancy rates fall across most of NSW, except Inner-City Sydney
Vacancy rates across Sydney and much of New South Wales have dropped this month, while the Inner Ring…
Harcourts partners with RateMyAgent
Harcourts have partnered with RateMyAgent to create benefits for their agents by increasing the volume and reach of…
Vic housing tax – From lockdown to lock out
The Victorian State Government has proposed a Windfall Gains Tax which the Housing Industry Association says will put…
Changes to money laundering laws must consider home buyers, tenants and small business, says REIA
The Real Estate Institute of Australia (REIA) has urged the Inquiry into Australia's anti-money laundering and counter-terrorism financing regime to…
Average NZ home value tops $1 million
Lockdowns have done little to dampen buyer demand in New Zealand where house values have reached a new…
HomeBuilder legacy lives on in record number of houses being built
The legacy of the HomeBuilder initiative lives on, with a record number of houses commencing construction in the…
New listings across the capitals reach highest number on record
New listings across Australia’s capital cities reached a record high in October, with sellers flocking to the market…
Australians put property buying plans on hold
Australians are putting their property buying plans on hold as the year comes to a close, according to…
Rise in listings and auction volumes as Spring comes to an end
Domain’s latest weekly property report has revealed a rise in listing and auction volumes as spring draws to…
Thomas Blencowe joins Knight Frank
NZ First Home Buyers hit record market share
Despite tough market conditions and rapidly rising house prices, first home buyers in New Zealand have hit record…
Are we in a housing bubble? Nerida Conisbee offers her thoughts
Ray White Chief Economist Nerida Conisbee offers her perspective on whether or not the current high prices represent…
The 20 housing markets to watch around Australia
Queensland suburbs have taken out the top three spots in the Well Home Loans Green Shoots Report, which…
Top Glenwood agent Shiv Nair joins Ray White
DiJones intensifies marketing, brand focus with new hire
Sydney’s next $2 million median suburbs revealed
With house prices rising across Sydney at more than 20% per year and with the median house price…
