Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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, called the Real Care App.
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
Agents back Homely’s expansion into Tasmania
Where is the next Byron Bay?
Ray White chief economist Nerida Conisbee has analysed which beachside suburbs are about to see a Byron Bay-style…
Westpac warns Australia’s housing market is losing momentum
Australia’s housing market has fallen into “tricky territory” amid lockdowns and the affordability crisis, says Westpac's Quarterly Housing…
Knight Frank buyer survey shows cities could be all the rage again
Knight Frank’s Global Buyer Survey has analysed the impact that Covid-19 has had on residential buyers’ attitudes to purchasing homes around…
Record gains and very little pain for New Zealand property sellers
New Zealand home owners are pocketing a record level of gross profits from property resales as the country's…
Raine & Horne has celebrated a milestone 12 months
Raine & Horne secured almost 17,500 listings across Australia in the last financial year, while also adding 120,000 properties under their management.
Westpac is the first major bank to cut their variable home loan rate to 1.99 per cent
Westpac has become the first big four bank to offer a variable home loan rate under 2 per…
What current property market trends tell us about the future of Australian real estate
The Agency CEO Matt Lahood joked the property market's progress was "not bad at all", considering how many…
Northern Beaches house prices soaring over $10,000 per week this year
Sydney's affluent Northern Beaches have seen significant median house price changes, rising around $10,000 each week, even amid…
Withdrawals see clearance rate drop to lowest level since July 2020
This week saw the lowest preliminary clearance rate recorded since July last year, with only 63.3 per cent…
A green light for $150M luxury development on the Gold Coast’s Golden Mile
Gold Coast City Council has approved plans for a $150 million luxury development along the Broadwater, which has…
REIACT and the Attorney General urge tenants and landlords in Canberra to work together in lockdown
REIACT supported Attorney General Shane Rattenbury' suggestion tenants and landlords in Canberra will have to work together amid…
Housing affordability expert warns millennials are likely to be trapped in the rent cycle forever
Housing ing affordability Ian Ugarte has warned young people not to "rely on the bank of mum and…
The Gold Coast recorded a year’s worth of new apartment sales in three months
Research commissioned by Colliers has shown the Gold Coast reached almost $800 million in new apartment sales in…
Lockdowns lead to lower seller confidence but buyers remain keen for more
The REA Insights Listings Report August 2021 analysed new listings in order to deduce the latest market supply…
Startup Propps welcomes a new chief operating officer and operations manager
Proptech start-up Propps has announced the appointment of their new COO Jonathan King and their new OM Matilda…
Stone Real Estate grows office count from three to 50 in five years
Stone Real Estate just hit a major milestone of 50 offices, as the company overhauls its branding strategy…
HTW creating new technology for commercial property valuations
Herron Todd White are developing a web-based platform for commercial property valuers offer customers shorter wait times on…
What could burst the Australian property market boom?
Ray White chief economist Nerida Conisbee has investigated whether anything could bring Australia's current property market growth to…
What does the Spring selling season look like for states in lockdown?
Less than two weeks out from the spring selling season of 2021, lockdown conditions are in place across…
Pandemic and climate change to have lasting impact on the real estate industry
The pandemic and climate change are impacting so heavily on the nation that the real estate industry is…
Herron Todd White: Property clock shows almost all markets in positive position
Most residential markets have remained in the rising-to-peaking sector of the national property clock, according to Herron Todd…
RE/MAX Australia takes award announcements online
RE/MAX Australia have virtually congratulated their 2021 six-month award winners, highlighting the achievements of nationwide offices.
NSW Government $17 billion infrastructure plans for economic recovery
The NSW Government confirmed the approval of $17 billion worth of infrastructure, including thousands of new homes