Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
The Agency launches China Desk service to capitalise on imminent demand
COVID-19 has dramatically changed the way we conduct our lives and the public health response by our state and federal governments and key agencies, which has allowed Australians to begin living with a degree of normality, has not gone unnoticed internationally.
Five employees for the price of one
Innovate Property Group isn't Mark Spinelli's first tilt at starting a business, but lessons from the past about…
ListSure and Campaign Flow form partnership to ‘reshape the market’
Pay on success innovator ListSure has joined forces with pay later provider Campaign Flow to form a partnership…
‘Like throwing petrol on a bonfire’: Industry Super boss slams plan to use retirement savings for home deposits
Industry Super Australia has thrown cold water on the concept of allowing prospective homebuyers to access their superannuation…
Dave Neilson lands Eagle as RE/MAX honours 2020’s best
It was a full house at Brisbane’s City Hall on Thursday, February 25 for RE/MAX’s annual awards night,…
DiJONES extends footprint with three new offices on Central Coast
DiJONES has expanded its reach after opening three new NSW Central Coast offices in Terrigal, Avoca, and Erina.
ANZ innovation division launches digital offer solution Propps
A new white-labelled digital offer management solution for the real estate industry was released yesterday, allowing agents to…
Survey reveals pandemic has proven prosperous for proptech sector
A new study from the Property Council and Yardi Systems has found data analytics, business process automation and…
REIWA calls on parties to prioritise rental shortages
With Western Australia’s state poll less than a month away, the REIWA is trying to put the state’s…
Positive conditions forecast to continue according to REA Insights Property Outlook Report
REA Group's newly released Insights Property Outlook Report is tipping positive conditions to remain throughout 2021, with a…
Bay of plenty of interest with Central Coast’s 2261 postcode booming in 2021
Killarney Vale on the NSW Central Coast is attracting hordes of Sydney buyers every weekend to open for…
Spike in demand leads to rise in construction costs according to CoreLogic figures
The cost of construction in Australia rose by 1 per cent over the December quarter, according to newly…
Construction of new homes to hit record high in 2021
A record number of almost 130,000 detached homes are anticipated to commence construction in 2021.
The Agency takes reins as Australian Turf Club’s sponsor partner for three more years
The Australian Turf Club (ATC) has welcomed the appointment of The Agency as official commercial and residential real…
Inland Australia in vogue as rural areas record surge in house values
As large swathes of rural Australia emerge from long-running drought conditions, and the mining sector benefits from higher…
Proptech Association of Australia starts up dedicated awards for sector
The Proptech Association of Australia has just launched the first dedicated national awards for the nation’s property technology…
Realestate.com.au honours the top residential and commercial real estate agents across Australia
The most innovative, community-minded and highest-achieving individuals and businesses in property management and sales have been honoured today…
Net gains as Knight Frank study finds Aussies feeling the love for ace properties with tennis courts
Anyone for tennis? Judging by the results of new research by Knight Frank, the answer is a resounding…
RE/MAX makes virtual tours a reality after signing partnership with VTA
RE/MAX has added another dimension to open houses and its agents look set to attract a greater proportion…
RE/MAX agent blows Bribie Island record out of water with Banksia Beach sale
Bribie Island’s record sale price has been blown out of the water, with RE/MAX Advanced Bribie Island agent…
REA Group changes Track with rebranding of data and valuations business
REA Group has announced a rebranding of its property data and automated valuations business Hometrack, which will now…
Toronto ‘Schitt’s Creek’ Mansion still up for sale – (and so is the Rosebud Motel)
The popular Netflix show Schitt's Creek may have wrapped but the mansion that was once home to the…
Scarcity tipped to be a boon for Sydney market in 2021
Sydney’s property market has not only defied some of the dire predictions being talked about at the start…
Property Council welcomes NSW build-to-rent changes
The commencement of changes designed to implement a fit-for-purpose planning and tax regime to get build-to-rent housing off…
Kate Hanssen helps Eview boost Bass Coast presence
Phillip Island local joins forces with national network Eview Group, as they expand their presence across the Bass…
Barry Plant’s Chari Emirzade has 1000 reasons to smile
Barry Plant Group’s most prolific sales agents has just added another notch to his belt, selling his 1000th…
REIA identifies Budget priorities for property sector
The Real Estate Institute of Australia (REIA) has identified 12 priorities it believes the Federal Government should adopt…
Finalists for AREAs 2020 announced including new data-driven recognition
The finalists for the 2020 Annual REA Excellence Awards (AREAs) have been announced, with top agents reporting record…
Rex Software online learning program aims to foster closer ties with users
Real estate industry CRM platform Rex Software has just announced a new initiative to give agents a boost,…
State of Origin competition at Ray White drives 7000 appraisals
In less than four hours, Ray White agents have drummed up nearly 7,000 extra appraisals across Australia and…
RBA leaves cash rate at record low
The Reserve Bank has left interest rates unchanged at its first meeting of the year, with the Board…
Perth now Australia’s fastest growing property market
Perth has become Australia’s fastest-growing major property market after the city’s home value index rose 1.6 per cent…
New research says small businesses will increase their focus on sustainability this year
New research from Australia Post shows almost half of small businesses across the country consider sustainability to be…
Does swapping New York for LA count as downsizing for Matt Damon?
Matt Damon and family are moving to their penthouse at the Standish in Brooklyn, and have put their…
Ray White ready for red hot auction market
This weekend marks the beginning of the 2021 auction season and, according to Ray White, their group plans…