Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Auction volumes rising as clearance rate tops 80 per cent
Auction volumes are continuing to increase, with CoreLogic reporting a preliminary clearance rate of 81.8 per cent after 2920 properties were taken to auction across the combined capitals.
Record demand for regional NSW property continues
Record real estate activity in many areas of regional NSW, has local agents thinking that there could be…
Melbourne maintains $1 million median price as regions boom
House prices across Victoria remain incredibly strong, with the Melbourne median price above $1 million and regional areas…
REIQ says rental reforms may hurt property owners
The Real Estate Institute of Queensland (REIQ) is concerned new rental reforms that were introduced this week hurt…
Caring sees Cathy Baker capture top real estate awards
Cathy Baker has taken out two prestigious accolades at the Real Estate Institute of NSW Awards for Excellence,
Property Council welcomes the end of hotel quarantine
The Property Council of Australia has backed the NSW Government's announcement that hotel quarantine will no longer be…
Cunninghams brand refresh, QR code signboards and opening of Avalon office
Cunninghams have rolled out a brand refresh including QR code signboards and have recruited a team for their…
Leo Sun and Eric Wei launch Ray White Wolli Creek
Demand for property reaches an all-time high
It appears that nothing can slow down the red hot property market as both demand and transaction numbers…
New Zealand has more agents than homes for sale
The number of real estate agents across New Zealand has continued to grow over the past 12 months…
The ‘rightsizing’ boom is putting pressure on luxury supply
Sales of luxury apartments are booming and there are growing concerns that supply is going to get increasingly…
Hutly updates VicForms platform to boost productivity and data accuracy
Hot on the heels of Hutly's acquisition of Property Data last week, Hutly is today releasing an update…
Unit rents rise for the first time since before the pandemic
In what is another positive sign for the property market across the country, units rents have risen for…
Amy Kasler decides to call Ray White West Pennant Hills home
Award winning agent Amy Kasler has joined forces with Ray White Pennant Hills
Victorian Government boosts build-to-rent scheme
The Victorian Government has announced the build-to-rent scheme has been expanded in a bid to encourage investors to…
The Perth suburbs where units are out performing houses
The Perth housing market has been gradually trending higher over the past 18 months and it now appears…
Warrnambool agent to test Victorian vaccine certification technology
A Warrambool real estate agency is playing its part in getting Victoria ready to reopen, taking part in…
REINSW answers the big questions on real estate’s roadmap to reopening
The Real Estate Institute of NSW (REINSW) has sought to clarify some of the confusion as the industry…
How your social media account could get you sued
There’s no escaping the fact that social media has taken over the world. But as O*NO legal explains…
RBA expresses concerns over excessive borrowing
The Reserve Bank of Australia (RBA) has outlined its concerns about the risk of excessive borrowing, noting if…
The top suburbs where there’s still room for price growth
It’s no secret the property market has been running hot in 2021, but according to buyer’s agency network,…
Over 80 per cent of auctions successful in all capitals
Every capital has reported a preliminary clearance rate of above 80 per cent this week as auction volumes…
Victorian Government launches $500 million fund to help residents buy a home
The Victorian Government has launched a $500 million shared equity fund to help Victorians buy their own home.
Pivotal Financial named Queensland brokerage of the year
High Court dismisses appeal over real estate restraint of trade
A legal case that serves as a warning for both real estate business owners and employees has come…
Value of Australian housing market surpasses $9.1 trillion
The value of the Australian housing market has increased more than $1 trillion in the past five months,…
Ray White Queensland shines with record September
Office occupancy rates call for CBD recovery
As lockdowns on the East Coast begin to wind back, there have been calls for workers and businesses…
National rental vacancy rate clocks up its fifth month at just 1.7 per cent
The national vacancy rate remains low, clocking up its fifth consecutive month at just 1.7 per cent, according…