Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Domain and PEXA announce strategic partnership
Property portal and technology company Domain has announced a partnership with digital property settlement solution PEXA. The strategic collaboration is set to bring together both companies’ proprietary data assets to…
Real estate. Done better!
A combination of innate hustle and a desire to create a better way of doing business compelled Antony…
Further expansion in Melbourne key to new office opening
Harcourts has opened a new Melbourne office in Coburg.
Industry heavyweights Rise to the challenge of mental health
Nine out of ten real estate agents in Australia experience high stress at work, and 65 per cent…
Amazon Prime announces July premiere for real estate docu-series Luxe Listings Sydney
Production has commenced on an unscripted docu-reality series about the Sydney real estate scene.
Clearer picture as CoreLogic announces partnership with Nearmap
CoreLogic Asia Pacific has announced a partnership with leading geospatial information services provider Nearmap to enhance its products…
Josh Gillespie expands into Colonel Light Gardens
Spyre group receives green light on fourth luxury gold coast beachfront project
Brisbane developer Spyre Group has been given the green light for a fourth residential beachfront development on the…
REIV labels stamp duty and land tax hikes the final straw
The Real Estate Institute of Victoria has slammed a series of property tax initiatives which have been unveiled…
Building a path for women: HIA appoints new Vice President
The Housing Industry Association has appointed Debbie Johnson as national Vice President.
New beachfront icon for Gold Coast
A development application will be lodged with Gold Coast City Council for the construction of a 35-level, 6-star…
Australia’s residential construction costs rose less than one per cent in March quarter
Construction costs increased by less than 1 per cent in the first three months of 2021, according to…
Social and affordable housing the focus in Budget reply speech
Labor would spend $10 billion on social and affordable housing over five years if elected to government at…
The Perth suburbs topping the house price growth list in 2021
Twenty Perth suburbs have experienced median house sale price growth of 10 per cent or more so far…
New home sales take an autumn dip
New home sales in April were more than 50 per cent lower than they were in March, according…
RE/MAX Metro launches in Sydney
RE/MAX Metro has opened its doors in the Sydney district of Barangaroo.
New Zealand house construction costs rise at fastest rate in two years
Housing construction costs in New Zealand surged by 1.3 per cent over the first quarter of 2021, according…
Australia’s hot housing market showing slight signs of cooling
Australia’s housing market may be showing signs of slowing down, with an increase in supply and a slight…
Jellis Craig bolsters network with acquisition of 10 Greg Hocking offices
Victorian real estate network Jellis Craig has bolstered its network, announcing the addition of a further 10 offices…
PropTech platforms integrate to ensure agent success and mitigation of risk
Proptech platform Realtair has announced an integration with Before You Bid to assist agents in the early stages…
Sydney’s vacancy rate rises, regional rates remain historically low
Residential rental vacancy rates have risen to 4.3 per cent in Sydney according to REINSW.
Key industry groups respond to big-spending Federal Budget
As the dust settles on the 2021-22 Federal Budget, some of Australia's key industry groups have weighed in…
Welcome return of CBD workers in Brisbane
Skilled trades in high demand in the March 2021 quarter
A Budget right for its time
There’s plenty for the property industry to like in the 2021 Federal Budget, not because of any specific…
Federal Budget 2021-22 – Relevant points for real estate
The government has revealed a far more optimistic picture of Australia’s future in a Federal Budget that tackled…
Openn Negotiation announces plans to list on ASX
Australian property technology company, Openn Negotiation has lodged a prospectus with the Australian Securities and Investment Commission, seeking…
SA market update – 2021 March quarter
Adelaide's property market has climbed to a new record median price.
Property Council welcomes infrastructure commitment in Federal Budget
The Property Council of Australia has welcomed the Federal Government's strengthened infrastructure commitment and details of major new…
Online Yatala industrial market thriving in 2021
Yatala's industrial market is thriving in 2021, according to Ray White Commercial.