Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
US housing affordability expected to return to normal by 2030
US housing affordability could return to normal levels by 2030 if home price growth stabilises and mortgage rates fall to 5.5%, offering hope to frustrated homebuyers.
CBD retail recovery sweeps Australia but Sydney is lagging
Most of Australia's CBD retail markets are showing strong signs of recovery with vacancy rates dropping significantly over…
Regional Australia continues to attract city dwellers despite national slowdown
Regional Australia remains a magnet for city dwellers, with 26 per cent more people moving to regional areas…
Average home loan projected to top $1.1m as lending recovery drags to 2036
Australia’s mortgage market faces a long road back to its Covid-era highs, with new analysis warning it may…
Sydney Metro suburbs carry a hefty premium, but price growth trails wider market
Homes near Sydney’s Metro stations command some of the city’s steepest prices, but new data shows value growth…
New Zealand lifts foreign buyer ban on $5m luxury homes
New Zealand will allow wealthy foreign investors to buy or build luxury homes worth NZ$5 million (A$4.3 million)…
National property listings rise, but old stock points to unrealistic pricing
Fresh listings climb ahead of spring, but mispriced homes risk being left behind.
Affordable housing outpaces market as first home buyer incentives fuel demand
Australia's most affordable properties are experiencing stronger price growth than typical homes, driven by government incentives and intense…
Property investors exit amid rising costs, tax pressures
Australia’s rental market is under renewed pressure as fresh figures show property investors leaving in increasing numbers, stripping…
NSW councils offered $200m to speed up housing approvals
Councils that speed up housing approvals will be rewarded with a share of $200m for local projects.
Melbourne dominates PropTrack CommBank First Home Buyer Report 2025 hotspots
First-home buyer activity is rising even as affordability hits a three-decade low, with Melbourne emerging as the nation’s…
Gold Coast overstretched: study finds city 14% beyond ‘ideal size’
The Gold Coast’s booming property market is colliding with population pressures, with a new study finding the city…
Detached house approvals increase as multi-unit approvals decline
Detached house approvals have risen by 0.6 per cent in July 2025, while multi-unit approvals experienced a significant…
Housing market spike following August rate cut
Australia's housing market has responded dramatically to the August interest rate reduction, with national house prices jumping 1.3…
Home prices reach new record high
Australian home prices have climbed to a fresh record high, rising 0.5 per cent in August and marking…
High school students increasingly drawn to real estate careers
Queensland high school students are showing strong interest in real estate careers, with thousands engaging with industry representatives…
Extra bedrooms add hundreds of thousands to Kiwi house prices
New Zealanders are paying big premiums for extra bedrooms, with new data showing national price jumps of up…
HIA forecasts more than one million new homes in five years
Australia is on track to build more than one million new homes in the next five years, with…
Spring set to deliver property market boost as interest rates fall
The Australian property market is poised for its traditional spring revival, with the season historically delivering the strongest…
Housing affordability in New Zealand reaches a six-year high
Housing affordability across New Zealand has improved to its most favourable level since 2019, easing financial pressure on…
Housing costs drive inflation higher as CPI rises 2.8%
Australia’s inflation jumped to 2.8% in July 2025, with rising rents, power bills and building costs driving up…
CoStar completes acquisition of Domain Holdings Australia
CoStar Group completes acquisition of Domain Holdings Australia, expanding its presence in the property marketplace sector.
HIA Chief Economist says ending LMI will lower home prices over time
HIA Chief Economist Tim Reardon says the Federal Government’s decision to scrap Lenders Mortgage Insurance for first home…
Capitals reclaim growth lead from regions after nine-month run
Australia’s property race just took a turn. After nine months of regional dominance, the capitals are back in…
Sydney ranks third for luxury rental growth
Sydney has emerged as one of the world's hottest luxury rental markets, recording the third highest growth globally…
Pet-friendly workplaces unlikely to solve office vacancy crisis
Despite Australia having more pets than people, bringing furry friends to work is not the silver bullet solution…
Home sale cancellations hit record high in the US as buyers retreat
Home purchase agreements in the US are falling through at the highest rate in years as buyers grapple…
Government pauses code changes to speed up home building
The Albanese Government will pause National Construction Code changes until 2029 and speed up housing approvals to boost…
Puglia emerges as Italy’s new property hotspot
Puglia, the heel of Italy's boot, is rapidly gaining popularity among international property buyers, challenging Tuscany's long-held dominance…
It is still cheaper to buy than build – but only just
The gap between house prices and construction costs is narrowing in 2025—unlocking new housing supply opportunities in key…
UK housing market sees strongest July sales since 2020
The UK housing market experienced its busiest July for property sales since the post-lockdown boom of 2020, as…
NZ: OCR cuts not over yet
New Zealand’s central bank has cut the Official Cash Rate (OCR) by 0.25 percentage points, and further reductions…
Real estate industry faces major regulatory shift with 2026 AML reforms
The Australian real estate industry is preparing for significant regulatory changes as the Federal Government confirms the extension…
The great mismatch: smaller households, bigger homes
Australia’s housing market has a size problem. While more than 60 per cent of households are made up…
Stamp Duty under fire as top priority for Economic Roundtable
Stamp duty has emerged as a central issue at this week’s Economic Roundtable, with Domain’s Chief of Research…