Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Raine & Horne Commercial urges its national network to buy local to help fast-track SME recovery
Raine & Horne Commercial is calling on its national office network to support a ‘Buy Local’ campaign as restrictions ease across Australia. The Announcement: Full-service commercial real estate leader Raine…
Sustainable homes celebrated at HIA’s GreenSmart Awards
The Housing Industry Association (HIA) has acknowledged the sustainability and environmental efforts of construction and building specialists in…
New Rexlabs technology takes the hassle out of database targeting
Since COVID-19 hit Australian shores, securing listings has become increasingly tough for real estate agents. It’s more important…
Australia’s residential price growth rate is the seventh highest in the world
Australia and New Zealand were both in the top 10 countries to see the highest rate of annual…
What $1 million will buy you around the world in 2021
While Australia's house prices continue to rise, Ray White Chief Economist Nerida Conisbee has considered whether you could…
New industrial precinct at Burleigh Heads has seen early buyer interest
Despite being due for completion in 2022, 55 per cent of units have already sold in a new…
Culture starts at head office
Former recruiter and Raine & Horne Group's NSW Network Manager, Travis Wentriro, has shared his support for the…
The Reserve Bank rejects suggestions cash rates will lift sooner than expected
Governor Philip Lowe has shut down suggestions the Reserve Bank of Australia (RBA) will lift the cash rate…
Sydney vacancy rates plummet to the lowest level in more than three years
Vacancy rates in Sydney have dropped down to 2.6 per cent, hitting the lowest level since 2018.
Ray White celebrates women in real estate
Ray White has launched their first 'Journeys' webinar, sharing the motivational stories of the group's top women.
Western Australians are encouraged to ‘look West’ in new REIWA media campaign
A new advertising campaign encourages Western Australians to 'look West' on reiwa.com.au for their property needs.
Major changes to franchise laws will significantly impact the real estate industry
Important changes to Australian franchise laws, introduced in July, will impact both franchisors and franchisees, regardless of expansion…
Housing affordability continues to rapidly decline in New Zealand
Record house price growth across NZ has led to rapidly declining affordability with little sign of easing, despite…
Keeping the promise to reopen Australia is the key to boosting vaccination rates
Builders and other trade professionals don't believe the Government will uphold their promise to reopen once an 80…
Could Vic lockdowns create the risk of an unregulated environment?
Ray White Victoria’s chief executive officer has expressed concern the current lockdown restrictions affecting real estate in Melbourne…
Auction volume and clearance rate enjoy slight increase
There has been a slight increase in auction volume this week as the preliminary clearance rate also took…
Former pizzeria owner serves up a point of difference for R&H in Hurstville
Raine & Horne has announced former pizzeria owner Chris Arvanis will join Jake Harrison to head up a…
Nerida Conisbee: What’s driving price growth?
Ray White Chief Economist Nerida Conisbee unpacks what is motivating the Australian property market boom.
How first home buyers can get the upper hand as investors return to the market
As investors re-enter the market, one expert believes there could be a silver-lining for first home buyers.
Differences between inner, middle or outer rings in Australia’s high performing cities
PRD has provided insights into the best areas to invest, buy and rent in major Australian capital cities,…
Richard Matthews Real Estate donates $20,000 to Beyond Blue
Smashing their original fundraiser goal of $10,000, Richard Matthews Real Estate have raised $20,000 in donations for Beyond…
REIWA says State Budget misses opportunity for bold stamp duty reform
REIWA has voiced its disappointment that the WA Budget lacks bold housing reform, despite the state boasting a…
Australians have slash credit card debt by $1.11 billion in lockdown
Australians have reached the lowest level of national credit card debt for the first time in 17 years,…
Australia’s property market defies logic
Real estate experts believe traditional property valuation metrics and sales performance don't provide an accurate prediction of property…
Property seekers remain undeterred as buyer demand reaches an all time high
Buyer demand and email enquiries from property seekers have reached an all-time high despite lockdown restrictions in some…
Ray White Prestige Palm Beach principal Noel Nicholson’s son Jimmy starred in The Bachelor Australia
Ray White Prestige Palm Beach Principal Noel Nicholson appeared on the latest season of The Bachelor Australia, where…
The impact of discrimination in the private rental sector
Discrimination towards tenants in the private real estate sector has been highlighted by new AHURI research, but an…
Rental affordability improves across Australia
Rental affordability improved marginally across Australia by 0.3 percentage points over the June quarter, according to REIA.
Cash rate steady as housing remains ‘one of the few positive indicators’
CoreLogic Research Director Tim Lawless shared his reaction to the Reserve Bank of Australia maintaining their cash rate…
‘Locked down and locked out’: REIV campaigns to open real estate safely
The Real Estate Institute of Victoria (REIV) has mounted a campaign against property market restrictions on behalf of…
Reserve Bank of Australia maintains historic cash rate hold of 0.1 per cent
The RBA announced the national interest rate will remain on hold at the historic low of 0.1 per…