Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
REA Group partners with software provider Simpology
Market Buy and Podium join forces
Online offer management system Market Buy and review and text messaging service Podium have officially joined forces in…
Plan lodged for revitalisation of Cronulla CBD
The Sammut Group has lodged a plan for a $350 million revitalisation of Cronulla's CBD
Mergers herald new era for Herron Todd White
Herron Todd White is merging regional and city operations to create larger state entities
Auction volume down but clearance rate up over long weekend
Auction volumes were again lower than predicted this week, but CoreLogic noted the preliminary clearance rate enjoyed a…
137 fines issued as NSW Fair Trading targets real estate compliance
NSW Fair Trading has been out in force in recent weeks, making sure agents are complying with legislation…
New home sales strengthen in May
The Housing Industry Association (HIA) revealed there has been a 15.2 per cent increase in new home sales…
Australian property is selling faster than ever
Demand for property across the country is higher than ever with the average days on market tumbling last…
House prices in Australia and New Zealand growing at record pace
House prices across the planet are growing at a rapid rate, with both Australia and New Zealand some…
Buyers stretching debt levels as property prices rise
Strong offers encourage happy vendors to skip under-the-hammer sales
Raine & Horne says recent pre-auction sales indicate perfect time for all types of properties to transact
One in five Australians believe crypto is the secret to homeownership
More than a fifth of Australians believe investing in cryptocurrency is an easier way to save for a…
REIQ urges real estate industry to roll up its sleeves
REISA welcomes new affordable housing funding deal
The Real Estate Institute of South Australia has lauded an agreement which is designed to improve housing affordability
Auction volumes below predictions due to Melbourne’s lockdown
Auction volumes dropped below the number previously predicted this week, with 2691 properties going under the hammer across…
May the busiest auction month on record: Domain
May was the busiest auction month on record, according to a recent report by Domain.
Best of RE/MAX are making waves
Acreage property sells well above reserve in online auction
A 10-acre property in Somerville, Victoria has sold for $402,500 above the reserve, after fierce bidding through online…
Home loan commitments hit record high
Owner-occupiers are fuelling a record high level of new loan commitments for housing.