Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Rate cuts back on the table: what Westpac’s surprise forecast means for real estate
After months of market uncertainty, real estate agents may finally have a new talking point for buyers on the fence. In a move that caught many by surprise, Westpac has doubled its rate cut forecast, offering a glimmer of relief for mortgage holders.
India’s infrastructure investment boom reaches new heights
India is experiencing a significant surge in infrastructure investment across real estate, renewables, and roads sectors, with nearly…
NSW introduces landmark affordable housing reforms
The NSW government is implementing sweeping reforms to regulate affordable housing across the state, addressing significant loopholes in…
Property listings rise in May but remain below last year’s levels
New property listings across Australia increased 7.6 per cent in May compared to April, as the market rebounded…
Local buyers step up as global property markets reset
As global governments tighten tax rules and investment restrictions, a clear trend is emerging across international real estate:…
Apartments outperform houses as buyers shift priorities
New data shows apartment markets across Australia outpacing house price growth.
National mean dwelling price tops $1 Million for the first time
Australia’s residential property market has hit a new milestone, with the national mean dwelling price surpassing $1 million…
Rental relief as prices drop across Sydney suburbs
Sydney's rental crisis is showing signs of easing with more than a third of suburbs experiencing drops or…
Half of Australians want household batteries with solar systems
Australia is experiencing a battery boom with one in two Australians looking to install household batteries alongside rooftop…
US luxury real estate market cools despite rising values
The US luxury housing market is experiencing a slowdown as both buyers and sellers take a cautious approach…
Reuse over rebuild: why the property industry is rethinking what adds value
A powerful coalition of architects, developers, planners and academics is calling for a national rethink on the way…
It now costs $2.52 million to buy a luxury home
The entry price for luxury homes in Australia has surged to $2.52 million, marking a dramatic 72 per…
Dubai’s digital property play: What Australia’s agents should know
Dubai has made headlines after its first tokenised real estate offering was fully funded within a single day…
Queensland property market defies expectations with five-year growth
Queensland’s property market has delivered another solid quarter of growth, adding to a five-year stretch that has reshaped…
New Zealand property market remains sluggish
Property values across New Zealand edged down slightly in May, with mixed results across the country.
Residential land prices hit record high amid supply shortages
Residential land prices have surged to a new record high as sales volumes plummet to their lowest level…
Builders keep Oz economy standing – but for how long?
Australia’s economic engine is losing steam, but it’s the nation’s builders who are keeping it upright—for now.
Homeowners stick with banks as internal refinancing hits record high
A record number of Australian homeowners are choosing to refinance their loans with their existing banks rather than…
Australian housing market on track for million-dollar medians nationwide
Australia's housing market is experiencing unprecedented growth that could see most capital cities reach million-dollar median house prices…
Development site prices soar despite interest rate hikes
Development site prices have risen by more than 75 per cent since 2020 despite sharp interest rate increases,…
Australian home prices hit new record as interest rates fall
National home prices have reached a new record high, rising 0.39 per cent in May to mark the…
US housing market shifts in favour of buyers
The US housing market has entered a buyer's market phase with nearly 500,000 more sellers than buyers currently…
REIV Appoints Megan Mander as Chief Operating Officer
The Real Estate Institute of Victoria (REIV) has announced the appointment of Megan Mander as Chief Operating Officer.
Selling the dream: How travel perks are helping close prestige deals
“More than a home, it’s a passport”: ThirdHome gains ground in Australia and New Zealand luxury markets
RBNZ cuts rates again
The Reserve Bank of New Zealand has cut the Official Cash Rate (OCR) by 25 basis points to…
Auction activity surges ahead of King’s Birthday long weekend
Capital city auction volumes are set to reach their third highest level this year with 2,816 homes scheduled…
REIWA chief executive Cath Hart steps down after three years
Cath Hart has announced her resignation as chief executive of the Real Estate Institute of Western Australia (REIWA)…
Energy-Efficient homes prove a hot commodity in 2025, fetching up to 14.5% more
As households contend with escalating living costs and energy bills, new research from Domain reveals that energy-efficient homes…
Labor’s super tax could force SMSF property investors to sell
Labor's proposed superannuation tax on balances over $3 million could create significant challenges for Australians holding residential investment…
New home sales surge following interest rate cut
New home sales have jumped to their highest level in 12 months, signalling a potential recovery in the…
Houses outperform owner incomes as property market shifts
Australian houses have quietly outperformed their owners' earning capacity over the past year, with property values increasing more…
REIV CEO Kelly Ryan stepping down
The Real Estate Institute of Victoria (REIV) is undergoing significant leadership changes with Chief Executive Officer Kelly Ryan…
Australian Airbnb owners on alert as Spain removes 65,000 illegal listings
A landmark court ruling has forced Airbnb to remove tens of thousands of illegal tourist accommodation listings in…
The hidden costs of poor commercial property management
Commercial property investors who cut corners on management are risking significant financial losses and legal complications, according to…
NSW housing reforms showing promise but remain off target
The NSW Government has increased the speed of planning approvals, but remain a long way off meeting housing…