Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Belle Property opens in Sandgate with award-winning duo at the helm
Belle Property has continued their Brisbane expansion, with the opening of a new Sandgate office.
First home buyers in the US struggle to save for a down payment
It is estimated to take a full year longer to save for a down payment on a starter…
The top 10 most undersupplied metro rental markets revealed
The most undersupplied city locations for rental houses have been revealed, with some locations recording very few available…
What social media really thinks of Luxe Listings Sydney
Airtasker and Soho founder Jonathan Lui reveals major real estate website acquisition
Soho, an AI-powered personalised real estate platform, recently announced it has officially acquired Home Sales.
National auction volumes remain steady despite drop in Sydney
The preliminary auction clearance rate has risen to 76.4 per cent this week, with volumes remaining relatively steady…
Lockdown life pushes up property results at Grays
Online auction platform, Grays marketplace has seen increases in property demand amid lockdown.
Belle Property has a new home and new leadership in Brisbane’s inner north
Belle Property has celebrated the opening of their new office in Newmarket, Brisbane.
Top 10 Perth suburbs to see the biggest median house sale growth
Real Estate Institute of Western Australia (REIWA) data has revealed the 10 Perth suburbs to have seen the…
CoreLogic investigates how the housing market reacts to lockdowns
CoreLogic has released a comprehensive overview of housing market performance through lockdowns.
Five ways the UK housing market can progress post-pandemic
It's more than one year since the onset of the COVID-19 pandemic in the United Kingdom (UK). The…
New Zealand’s Wellington sees a 123 per cent rise in property values
Across the wider Wellington area, the past six years have brought large increases in property values, following a…
Congratulations to the REINSW 2020 Awards for Excellence finalists
The Real Estate Institute of New South Wales (REINSW) has announced the finalists for its annual Awards for…
Herron Todd White issues ‘half time’ property market score for 2021
Herron Todd White (HTW) has issued their ‘half time score’ for the property market in 2021, with their…
Major global cities see house prices rising at the fastest rate since 2007
Darwin, Canberra and Hobart house prices are rising at the fastest rate since 2007, says Knight Frank Global.
Elders Real Estate welcomes Wyndham City office
Knight Frank Australia create fully SaaS compliant environment to deploy MRI’s Platform X capabilities
Knight Frank and MRI Software have worked together to deploy MRI's Platform X.
REA reports home sales increased by 60 per cent in June compared to previous years
Property sales have remained steady and are over 60 per cent higher than in 2020 and 2019, according…
Ray White South Australia welcomes leading Kensington team
Established agent Andrew Welch has taken the leap into business ownership in Adelaide with Ray White.
Eureka Tower floors sell to Sydney investment group for sky high price
Two levels of Melbourne's Eureka Tower have sold to a Sydney-based investor for $60 million.
How Australia ranks for female empowerment and gender equality
Australia has ranked within the top 20 countries in the Female Opportunity Index 2021.
Richard Matthews Real Estate gets behind Beyond Blue
Richard Matthews Real Estate director and auctioneer Matthew Everingham has announced a fundraising collaboration with Beyond Blue.
Cash rate remains on hold, but RBA eases up on bond buying
The Reserve Bank of Australia has left the official cash rate on hold at its July meeting, but…
Millennials use pandemic savings to put a deposit on their first home
Three in every five millennials plan to use the money they saved during the pandemic towards a payment…
Mair Property Funds expands diversified fund into South East Queensland
Mair Property Funds has announced the acquisition of their second South East Queensland-based industrial facility, purchased for $9,340,000.
Property Council welcomes projected pathway out of COVID-19
The Property Council of Australia has welcomed National Cabinet's agreement of a four-phase pathway out of the pandemic…
Investor housing loan commitments rise
The latest Lending to Households and Business figures show the value of new loan commitments for housing increased…
Auction volumes and clearance rates dip due to COVID uncertainty
The preliminary clearance rate came in at a lower 73.6 per cent this week after the volume of…