Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 between April and May.
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.
National rental vacancy rates fall for second consecutive month
The number of available residential properties available for in Australia have fallen for the second month in a…
Buyers snap up Mastery apartments in Waterloo
Australia’s housing and rental affordability declines
Economic activity increased 1.8 per cent in March quarter
Australia's GDP rose by 1.8 per cent in seasonally adjusted terms in the March quarter, according to the…
REA finds property seekers want energy efficient homes
Energy-efficient ratings and features have become increasingly important factors for Australians looking to rent, buy or build, according…
Sales of Crown Group’s Mastery apartments soar
Buyers are increasingly looking for low maintenance, luxury apartments across Sydney's most convenient locations
Perth home values up 10 per cent in past 10 months
Perth home values have now increased by 10 per cent over the past 10 months.
Detached dwelling approvals break another record in April
Detached dwelling approvals hit a new record nigh in April, according to HIA.