Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 mortgage deposit than a bank account or traditional savings method, according to…
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.
Market Buy auction switch a virtual winner
Victoria’s snap lockdown hasn't dampened enthusiasm from prospective buyers, with a house at Mornington Peninsula selling for more…
RBA leaves official cash rate at 10 basis points at June meeting
The Reserve Bank has again opted to maintain its current policy settings at its monthly Board meeting, including…
Australian residential property values rise by 2.2 per cent in May
Housing markets continued to surge throughout Australia in May, with CoreLogic's national Home Value Index rising by 2.2…
Natalie Mikhael joins the LJ Hooker performance team
Natalie Mikhael has been appointed Business Growth Manager of LJ Hooker.
Planning reform could provide a $5 billion productivity boost
The NSW Property Council has welcomed the release of a new Productivity White Paper.
Jedi Master of real estate hits 40 years
RE/MAX New Zealand business owner Garry Malcolm is celebrates 40 years in the industry.
Sydney property values tipped to rise by more than 20 per cent
House prices in Sydney are forecast to rise by an unprecedented 21 per cent in 2021, with a…
REA Group does a deal for share in PropertyGuru
REA Group has announced that it has entered into a binding agreement to combine REA’s Malaysia and Thailand…
Ray White transforms the rental experience by collaborating with Snug
Rental application and inspection booking platform Snug.com, has formally announced its commercial partnership with Ray White, with the…
Top takeaways from AREC 2021 – Day 1
Thousands of real estate agents, property managers and industry professionals have converged at the Gold Coast Convention and…
Hamish Mill pulls off a hat-trick with 2021 Golden Gavel Award win
Auctioneer Hamish Mill of Williams Real Estate has performed an impressive feat, taking out the top award at…
Third busiest auction week of the year, despite Vic lockdown
Despite the announcement of a snap lockdown in Victoria, this week proved the third busiest auction week of…