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Industry News

Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.

News

UK house prices rebounded 0.6 per cent last month

UK house prices increased by 0.6 per cent in July following a 0.9 per cent fall in June, signalling renewed strength in the housing market despite economic uncertainties.

Industry News

Christie’s launches dedicated crypto real estate division as demand for digital property deals grows

The luxury property firm becomes the first major brokerage to establish a dedicated team for crypto-only deals, signalling…

News

Property values rise across all capitals as housing market strengthens

National dwelling values have increased for the sixth consecutive month, with every capital city recording growth as the…

Industry News

Domain shareholders back $3 Billion CoStar takeover

Nearly 100% of eligible shareholders vote in favour of CoStar’s $3 billion acquisition of Domain, paving the way…

News

Brisbane overtakes Melbourne as property markets surge nationwide

Australia's property market is experiencing a significant revival with Brisbane overtaking Melbourne to become the nation's second-highest median…

News

Window of opportunity opens for NZ first home buyers

New Zealand's property market is presenting a prime opportunity for first home buyers as housing stock continues to…

News

Queensland’s new seller’s disclosure laws kick off today

Queensland’s property market is set for a major shake-up with new statutory Seller’s Disclosure laws coming into effect…

Industry News

“A demolition of regional communities”: new land laws spark alarm in Victoria

Agents warned of potential impact on property rights, land values and buyer confidence as new VicGrid bill draws…

Industry News

Mortgage refinancing hits record high in NZ

Refinancing activity hit record highs in June, with more than 3,500 mortgage holders switching banks and nearly $2.5…

Industry News

1 in 4 Aussie households plan to invest in property – despite broader caution

New research from Agile Market Intelligence’s Consumer Pulse survey reveals that property remains the top investment choice for…

Industry News

Real estate agent turnover remains high despite national decline in job mobility

Real estate agents are still changing jobs at one of the highest rates in the country, according to…

News

US home sales slump as prices reach record highs

Sales of previously owned homes in the United States have fallen to their lowest levels since September last…

News

WA maintains economic dominance for fourth straight quarter

Western Australia has retained its position as Australia's top-performing economy for the fourth consecutive quarter.

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Industry calls for tax cuts on housing

The Housing Industry Association (HIA) is calling on Treasurer Jim Chalmers to put housing at the centre of…

News

NSW housing pipeline expands with 10,800 new homes

The New South Wales government has declared 30 additional major housing projects as State Significant Development (SSD), potentially…

Industry News

Tying the knot versus cutting ties: marriage and divorce trends hint at property market movements

Latest ABS data shows a rise in marriages and a dip in divorces, pointing to shifts in housing…

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Commercial property market shifts to larger deals as transaction numbers fall

Australia's commercial property market recorded $59.9 billion in transactions during the 2024/25 financial year, showing a trend toward…

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Families paying six-figure premiums for top school catchments

Families are paying premiums of up to $1.3 million for houses in sought-after public school catchment zones in…

News

One House One Approval could streamline housing development

The complex approval system for new homes in Australia is hampering housing affordability, with industry leaders calling for…

Industry News

The “fortress suburbs” where price pressure hits a wall

In most property markets, rising prices in one suburb tend to push buyers into neighbouring areas offering better…

Industry News

Capital city property prices rise in unison as market momentum builds

No rate cut - yet - but housing demand and tight supply continue to drive growth across Australia

Industry News

NZ buyers and sellers finally find common ground on price

New analysis from realestate.co.nz reveals a surprising shift in the property market: sellers across New Zealand are, on…

Industry News

Retail property has a standout 12 months

Retail property was the surprise standout in Australia’s commercial market this past financial year, with transaction volumes jumping…

Industry News

French real estate market shows signs of recovery

The French real estate market is finally rebounding after two and a half years of crisis, with sales…

Industry News

Capital Gains Tax reform floated as housing supply solution

McKell Institute CGT plan gains momentum as Labor prepares for economic roundtable

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Perth leads the nation as fastest selling property market

Australian property sellers can expect their homes to sell in about a month on average, but significant variations…

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Queensland’s new property disclosure laws just weeks away

Queensland property sellers will face new mandatory disclosure requirements from August 1, marking the most significant overhaul of…

News

Dubai leads UAE rental market as JVC emerges as top choice

Rental properties continue to thrive across the United Arab Emirates, with Dubai dominating the market as the most…

Industry News

Zillow accuses Compass of ‘Hidden Listing Scheme’ in new court filing

Zillow rejects Compass’ call for an injunction, accusing the brokerage of limiting transparency through private listing tactics.

Industry News

The overlooked home details that can derail a purchase

Agents are being urged to remind buyers about simple but often forgotten pre-purchase checks that can prevent major…

Industry News

New home sales lift to highest levels in three years

New detached home sales have reached their highest level in almost three years, with the Housing Industry Association…

News

NZ property sales strengthen while high listings keep prices in check

Property sales activity in New Zealand has continued to strengthen, with volumes holding above average levels for the…

Industry News

NSW launches $1 housing designs with 10-day approvals

The NSW Government has released $1 architect-designed housing templates with a ten-day approval process to boost supply and…

Industry News

Housing activity picks up pace

Australia’s home building sector is showing signs of life, with new dwelling commencements hitting their highest level in…

Industry News

UK government plans to ban ‘Upward-Only’ rent reviews in new commercial leases

The UK government has proposed a major shift in commercial leasing, moving to ban upward-only rent reviews in…