Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 based on vaccination thresholds being met and other key settings.
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…
Australian dwelling values finish the financial year 13.5 per cent higher
National home values rose 1.9 per cent in June, taking annual growth to 13.5 per cent for the…
Ray White and former Woolies executive join forces in Maleny
Ray While Queensland works alongside former Woolworths executive Allister Millican to develop property market in regional Sunshine Coast…
Brisbane prestige agency expands as market booms
Crown Group on the hunt for new development sites
Leading luxury apartment developer open to joint venture collaborations
Knight Frank research reveals promising luxury real estate trends
Australia’s major cities saw their highest quarter of prime residential sales volume on record. At the same time,…
One Percent Property Sales smashes milestone of 200 houses sold in under 14 months
Queensland-based One Percent Property Sales celebrates reaching their 200 houses milestone within 14 months of their initial launch.
New Commercial Agency To Shake Up Sydney market
New Intergenerational Report indicates COVID-19 will have lasting impact on the economy
The Australian Government's Intergenerational Report was released on Monday, with the Property Council of Australia describing it as…
Sydney holds firm despite lockdown, Melbourne enjoys second busiest auction week of the year
Melbourne has enjoyed its second busiest auction week of the year, but all eyes were on Sydney this…
Expats and international investors stoking the local market
International investors and expats looking to return home to Australia are continuing to show strong interest in many…
WA extends its rent relief scheme
The WA State Government has extended the Residential Rent Relief Grant Scheme (RRRGS) which aims to help tenants…
Profit-making resales jump thanks to hot property market
The number of home owners selling their property at a profit jumped in the March 2021 quarter thanks…