Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Clearance rate at highest point since pre-pandemic
The preliminary clearance rate has hit its highest peak since the start of the coronavirus pandemic, coming in…
RBA to make second rate cut, say experts
Property developers and investors make AFR Rich List
Three moguls who have made their fortune in the property game appear in the top ten of the…
HIA wins SafeWork NSW award for pandemic initiatives
The Housing Industry Association has been announced as the winner of the 2020 SafeWork NSW Awards for "outstanding…
Inside the Hobart housing boom
Sydney house prices rise as units fall, marking largest price gap on record
Sydney housing prices took a massive tumble in the June quarter, losing close to $22,000 off the median…
Hobart house prices to leapfrog Adelaide, as Darwin moves past Perth
Domain's latest House Price Report has revealed the Australian housing industry has largely bounced back, with all capital…
Green Building Council takes steps to eliminate natural gas in new buildings
Green Building Council of Australia have completely overhauled its Green Star rating system in a push to eliminate…
National rent prices fell annually for the first time
The September 2020 quarter CPI figures show the impact that the pandemic has had on national rental prices.
CoreLogic partners with innovation program RealTechX
CoreLogic has today announced its backing of emerging technology businesses in real estate through Taronga Ventures' RealTechX program.…
The Reserve Bank believes the recession could be over
Reserve Bank deputy governor Guy Debelle told a Senate estimates hearing on Tuesday that the RBA believes the…
Queensland rentals hit lowest vacancy rate on record
Queensland's rental market has been hit hard by COVID-19, with Brisbane's vacancy rate swinging from a high of…
Survey highlights rental uncertainty during COVID-19
A new survey from Flatmates.com.au with more than 12,000 respondents highlights the uncertainty felt by renters during the…
Over 96% of First Home Loan Deposit places have already been filled
The First Home Loan Deposit scheme allows buyers to purchase a property with just a five per cent…
Housing prices rise in WA’s regional centres
Western Australia's regional centres are in high demand, as eight of nine areas saw an increase in median…
Auction markets continue to strengthen
As Victoria returns to in-person auctions, the market is gaining moment, with a surge in Melbourne listings contributing…
Tassie market activity at pre-COVID levels, as sales rise almost 40 per cent
The Real Estate Institute of Tasmania have delivered an extremely postivie September Quarterly report, which confirms that market…
2020 REIV Awards: The complete winners list
Check out the acceptance videos from all the winners, and the complete list of winners and finalists.
Most Aussies are made responsible for their own workplace COVID cleaning
New research has found that 59 per cent of Australians have had their bosses task them with cleaning…
Certificate IV the new minimum real estate requirement in Victoria
New regulations for real estate education introduced by the State Government came into effect today, Thursday, October 21.
Melbourne overtakes Sydney in new property listings
Since private inspections started back up again in Melbourne towards the end of last month, a flood of…
Why more housing stimulus will be needed to sustain recovery
Housing stimulus has proved a welcome shot in the arm for the property market, but academics question whether…
PCA: Proposed fees make Australia “less attractive destination for investment”
Proposed foreign investment rules that introduce a steep new fee for investing in Australian real estate have been…
Remain vigilant: REIA’s message to the industry
REIA President calls on the real estate industry to remain vigilant as state borders reopen.
REIWA declares ‘rental crisis’ as Perth vacancy rate hits 13-year low
Perth's residential vacancy rate has fallen to 0.96 per cent, the lowest it has been in 13 years.
Reserve Bank notes increased housing activity, despite weak investment levels
On October 6, the same day as the Federal Budget was announced, the Reserve Bank Board met and…
Victoria ‘well-placed’ to further ease restrictions
During a press conference this morning, Daniel Andrews said Victoria was "well placed" to receive some very significant…
Melbourne’s real estate industry reacts to relaxed restrictions
Spring selling season may have gotten off to a slow start in Melbourne, but the announcement over the…
WA’s social housing plan to alleviate rental crisis
A ten-year plan to create 2,600 affordable houses across Western Australia will hopefully ease the "rental crisis" that…
Auction clearance rates strengthen as Melbourne activity ramps up
Auction clearance rates strengthen as Melbourne activity ramps up The combined capital city preliminary auction clearance rate hit…
All Victorian real estate re-opens
As restrictions continue to lift in Victoria, outdoor auctions for residential and commercial properties will now be permitted…
Property investment falls to a record low
As with a lot of things, the levels of property investment in the Australian housing market crashed during…
Perth houses selling twice as quickly as last year
As yesterday's ANZ/Property Council survey showed, Western Australia's property industry is the most positive in the country, and…