Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Homeowners can now receive digital property appraisals within minutes
Raine & Horne have launched a new digital property appraisal platform, wanting to create a safer and more environmental option
Fifth generation family continues Chippendale Group legacy with new Palm Beach project
The Gold Coast's Palm Beach has a been a hotspot for developments in recent years. This fifth generation…
Brisbane agency makes the switch to LJ Hooker
Melbourne’s student housing reduced to “skeleton skyscrapers” amid international border closures
Border closures that stopped thousands of international students studying at Australian universities, has reportedly caused entire buildings to…
Hangover from previous rental assistance could render new initiatives inadequate
REIACT has tentatively welcomed the announcement of rental assistance incentives for both residential and commercial tenancies.
How has the current housing market coped with lockdown compared to 2020?
The past year saw remarkable levels of adaption in the real estate sector, according to CoreLogic. But are…
First-home buyers flee as property prices continue to surge
First home buyer numbers have plummeted over July as the housing affordability crisis continues, according to REIA president…
Lockdown not a predictor of low national vacancy rates
While national vacancy rates remain steadily low in August, capital cities have seen varying rates that are not…
Nerida Conisbee: Where can I find a luxury home?
Seven Spring styling tips for your outdoor space
Sherpa Property Group launches new Palm Beach project
Dwelling approvals fall in three months to July but still higher than pre-COVID levels
Approvals to build new houses, apartments and residential dwelling has dropped by 13 per cent, according to the…
New children’s book helps kids cope with the stress of moving
Real estate platform Zillow has published an e-book to help young children understand and cope with the stress…
National home prices continue to rise but housing boom is slowly losing steam
Affordability constraints, rather than lockdowns, have slowed but not halted the rise in property values, according to the…
Realtor has named Leslie Jordan as their new Chief Product Officer
US-based real estate platform Realtor.com has announced Leslie Jordan was appointed as their new Chief Product Officer (CPO).
CBA slashes interest rates in popular savings accounts
The Commonwealth Bank has announced another interest cut in savings accounts, which are set to benefit young people…
Property inspections critical for the health of Victoria’s real estate sector
REIV has urged the Victorian Government to allow private one-on-one property inspections, as a part of lockdown measure…
WA real estate’s best celebrated at 2021 reiwa.com Awards Ball
The Real Estate Institute of Western Australia has celebrated the state's top agents at the 2021 reiwa.com Awards…
Atlas by LJ Hooker announces two new partners
Atlas by LJ Hooker has announced two new partners who will further lead the development and growth of…
20-year analysis shows housing affordability continues to decline but rental affordability stable
The Real Estate Institute of Australia (REIA) has crunched the numbers and found housing affordability has been on…
REIV labels Commercial Tenancy Relief Scheme ‘lop-sided’
The Real Estate Institute of Victoria has lashed out at the State Government, stating they have again ignored…
Melbourne withdrawals weigh heavily on auction clearance rate
Scheduled auction volumes might have increased this week, but with 64.3 per cent of all Melbourne auctions withdrawn,…
The ACT real estate industry can bring new properties to the market as restrictions ease
As of midnight, ACT agents can arrange a building inspection, EER reports and photography and videography.
Regional housing affordability is deteriorating faster than capital cities
HIA has found the affordability of regional housing is deteriorating at a much faster rate than capital cities
A new app provides support to real estate professionals struggling with mental health
Domain have partnered with Rise to create a free mental health resource designed especially for real estate professionals,…
DiJones announces their expansion into Illawarra
DiJones has announced a new office in the Illawarra region, opening their doors in the sought-after Wollongong market.
The vexing issue of vaccination: How the real estate industry is tackling the issue
How should the real estate industry approach the issue of vaccination? We put the question to some of…
LJ Hooker office achieves $150 million of sales in first year of business
LJ Hooker Queanbeyan has achieved $150 million in sales within their first year of opening.
Record quarter for detached home construction in June
Detached house construction has surged in the June quarter, reaching the highest level on record.
Rising home loan rates will cause more Australians to need financial assistance
Almost 150,000 Australian households would need financial assistance if home loan rates increased, according to new Finder research.
NSW will allow property inspections as lockdown restrictions ease
Some NSW lockdown restrictions will ease on Monday, including allowing house inspections, as Health Minister Brad Hazzard has…
REIV and Hutly now offer digital signature alternatives throughout Victoria
REIV and Hutly provided a non-contact alternative for signing official documents, releasing digital signatures on all VicForms documents
