Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
The Agency releases Autumn Property Report, issues interest rate warning
The Agency has just released its Autumn 2021 Property Report, with CEO Matt Lahood pointing out the combined capital city dwelling values rose by 2.8 per cent in March, the fastest rate in 32 years.
Burwood’s ZOOM Real Estate unveils fresh new look to service Sydney’s inner west
ZOOM Real Estate in Burwood has long been at the forefront of the market in Sydney’s inner west…
Trans-Tasman bubble could lead to student rental resurgence
The trans-Tasman bubble between Australia and New Zealand could signal the start of a return to normal for…
Surge in new US listings signals potential relief for frustrated shoppers
Zillow reports listings are on the rise in the US.
Housing sales as hot as the weather
The property market in the Northern Territory is continuing to gain momentum
REA announces carbon neutral certification
Slight drop in auction volume and clearance rate
This week CoreLogic reported there were 2041 capital city homes taken to auction resulting in a preliminary clearance…
Capital city auction volumes set to dip slightly
HIA welcomes new Director in the Northern Territory
BrainBox AI partners with Skyfii to drive increased energy savings in commercial real estate
AMP Capital's Macquarie Centre the First to Benefit from Partnership
Unit sales up 58 per cent in Perth
Dubbo’s SJ Shooter Real Estate drives community engagement to new high
Dubbo’s SJ Shooter Real Estate took the concept of community engagement to a new level last week, when…
Finalists announced for 2021 REIA National Awards for Excellence
The finalists for the 2021 REIA National Awards for Excellence have been announced, with this year’s event set…
Kathy Mac Dermott and Chris Mountford step down from Property Council
The Property Council of Australia has announced the departure of two long-standing members of its executive team.
A tale of two cities: Sydney vacancies rise while Brisbane rental market tightens
Brisbane’s rental vacancy rates are continuing to tighten, but it’s a different story in Sydney, with vacancies rising…
The Rock on a roll: Dwayne Johnson buys $45m Los Angeles mansion
Dwayne 'The Rock' Johnson has made a fast and furious purchase, splashing out AU$45 million for a Los…
Peeved buyers demand pet-friendly apartments
Dwelling values are continuing to climb but so is confidence, with new data showing industry confidence levels are…
Property values are climbing, and so is industry confidence
Dwelling values are continuing to climb but so is confidence, with new data showing industry confidence levels are…
Metro Melbourne median house price passes the $1 million mark
The median house price in Victoria has recorded one of its largest quarterly increases, with the value of…
Are barndominiums the next big thing in the world of modular construction?
There’s a new craze in modular construction barnstorming the world of social media, with interest in barndominiums going…
First-home buyers turning attention to homes requiring renovations
First-home buyers are increasingly looking for fixer-uppers to get a foothold in the property market, with four in…
New home building hits highest level in more than 20 years
New home building surged to its highest level in more than 20 years in the December quarter, with…
Domain report shows house rents hit new highs in most capital cities
Domain has just released its Rent Report for the March quarter, with data showing every capital city in…
Sydney home achieves almost $1m price gain in nine months
In further evidence of the Sydney property market’s resurgence, a dilapidated three-bedroom home 14km from the CBD has…
Canberra needs 12 new houses a day for next 20 years
Arabella Rohde was elected as the Property Council’s new ACT division president last month and she’s now issued…
There’s no place like Judy Garland’s former Malibu beach home
As Dorothy said in The Wizard of Oz, “there’s no place like home”, and although you don’t need…
Sherrie Storor masterminds new program for high performers
Building a business that is profitable, with healthy revenue margins, encompasses a high-performing team, is structured, enables you…
Century 21 opens five new offices in five weeks
Century 21 has experienced strong growth in Australia and New Zealand so far in 2021, with the network…
REIWA predicts state’s property values to climb higher than first thought
The Real Estate Institute of Western Australian has revised its growth predictions for the state’s property market, with…
Luke Kenyon joins Homely’s Executive Team as Head of Product
One of the nation’s leading industry-backed real estate portals has appointed a new Head of Product, with Homely.com…