Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
CoreLogic data shows auction clearance rates hit 80 per cent
CoreLogic has released its Quarterly Auction Market Review, today, revealing Australia's combined capital cities clearance rate reached 80.0 per cent over the first quarter of 2021.
New research reveals first home buyers need six-figure deposit to enter market
According to new research, prospective homeowners in Australia now need a six-figure deposit to purchase a property.
RE/MAX expands Queensland presence with new North Lakes business
The Moreton Bay region north of Brisbane has a fresh real estate alternative, with RE/MAX Now expanding its…
Two-thirds of US homebuyers purchasing properties sight unseen, according to survey
More Australian homebuyers have been purchasing properties without making physical inspections over the past year and buying sight…
Would scrapping negative gearing lead to more affordable house prices?
House prices are back in the news, and out of control. In the past three months the median…
LJ Hooker goes for Gold with digital video series focused on Coast
LJ Hooker Solutions Gold Coast is putting the region’s property market on the national stage, with a new…
Ray White NSW appoints Mahan Shishineh as state’s Regional General Manager
With growth in the regions continuing apace, Ray White New South Wales have welcomed Mahan Shishineh to the…
Properties selling at record speeds according to latest REA Insights Property Outlook Report
The Australian property is showing no signs of slowing down for the remainder of 2021, with the latest…
Console Cloud integration with Snug will streamline leasing process for property managers
A new application integration from software company Console Cloud will enable property managers to streamline the leasing journey.
Build-to-rent surge will change apartment living for Australians, but for better or worse?
Australia’s emerging build-to-rent sector is growing — “booming” by some accounts with a 70 per cent jump in…
One in five first-time buyers considering crossing the border to enter property market
First-time homebuyers are increasingly looking outside their own back yards in an attempt to get a foothold in…
Why ‘Pay On Success’ is a real estate game-changer for you and your vendor
As an agent, you know selling a home is a rewarding experience, however discussing the upfront costs for…
Openn season: Reserve prices smashed using online negotiation platform
Reserve property prices are continuing to be smashed around the country, as Australia’s surging property market continues to…
Reserve Bank Board maintains current policy settings and leaves official cash rate on hold
As had widely been expected, the Reserve Bank Board opted to leave the official interest rate on hold…
CoreLogic data reveals busiest Easter auction week on record
The weekend before the four-day break helped make for the highest-volume week of auctions in three years, but…
Balancing act: How do you expand regional centres without destroying their character?
With massive population growth in the regions over the past year, ensuring regional areas can sustainably expand without…
Gumdale auction result beats previous record for Brisbane suburb by $2m
A recent auction in the outer-Brisbane suburb of Gumdale has blown the previous record for the postcode out…
Expats are coming home to boost Australia’s already-soaring property market
Well-heeled expatriates returning to Australia are helping drive the nation’s booming property market to new highs, according to…
Good Friday Appeal Charity Auction sets new record
The hammer has fallen on this year’s Good Friday Appeal Charity Home Auction in Victoria, with the fully…
CoreLogic national home value index rises at fastest rate in more than 30 years
CoreLogic’s national home value index rose by 2.8 per cent in March, the fastest rate of appreciation in…
How deep are your pockets? Bee Gee Robin Gibb’s former home is on the market
The Long Island waterfront home where Bee Gee Robin Gibb lived in the 1970s and ‘80s is back…
Perth properties selling at fastest rate in 15 years
Properties in Perth are selling at a faster rate than they have for 15 years, according to Real…
Darwin property market to fire up after $5 billion gas field announcement
There is plenty of competition in the pipeline for the Darwin real estate in 2021 and beyond after…
Capital works funding injection a shot in the arm for NSW social housing
The Community Housing Industry Association NSW has welcomed the Berejiklian Government’s announcement of $40 million in stimulus funding…
Lisa Pennell appointed Harcourts Australia chief operations officer
Building on its reputation as one of the nation’s leading franchise groups, Harcourts Australia has just announced the…
PRD Annual Awards a triumph over adversity
PRD Australia triumphed over adversity to acknowledge the achievements of the network’s top performers over the weekend, with…
REIA welcomes end of moratorium on rental evictions
The Real Estate Institute of Australia (REIA) has welcomed the end of rental eviction moratoriums in many states…
The CEO Magazine announces new Real Estate Executive of the Year award
The CEO Magazine has just announced applications are open for its annual Executive of the Year Awards, and…
Why isn’t there a big increase in tiny house living?
Heather Shearer, Research Fellow, Cities Research Institute, Griffith University and Paul Burton, Professor of Urban Management & Planning…
Capital city CBD occupancy rates on the rise
The latest Property Council of Australia office occupancy survey has revealed more workers are returning to capital city…
New report reveals growth in property values throughout Queensland
The Real Estate Institute of Queensland’s latest quarterly data on the state’s property values has confirmed something market…
HTW property clock reveals Melbourne, Sydney and Sunshine Coast on the rise
Herron Todd White have released their monthly property clock and unsurprisingly, Melbourne is one of the markets forecast…
Christian Hamilton to head Harcourts Australia’s new national auction team
Harcourts Group Australia has announced the expansion of its auction training and support program.
Rex’s visual dashboards provide valuable sales insights at a glance
Rex Software has launched a new series of live visual dashboards, designed to provide 'at-a-glance' insights into where…