Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
The Agency announces national expansion into commercial property sector
The Agency has announced further expansion to its product offering with the launch of a new national commercial division.
Report finds inconsistent tenancy laws are making life harder for domestic violence victims
A newly released report authored by the University of South Australia has found inconsistent tenancy laws across the…
REIA announces sponsorship agreement with realestate.com.au
The Real Estate Institute of Australia has announced a new sponsorship agreement with the nation’s biggest property portal,…
REA Group appoints Chris Venter as Chief Technology Officer
REA Group has announced the appointment of Chris Venter to the role of Chief Technology Officer and a…
Riskwise warns of possible credit restrictions to cool housing market
According to RiskWise Property Research, there is a possibility that regulators could introduce credit restrictions later this year…
Australia second-most-popular offshore destination for Asian property investors
Despite the COVID-19 pandemic having restricted and reduced the physical movement of Asian real estate buyers around the…
REINSW vacancy survey shows rental market remains unpredictable
The results of the latest REINSW Vacancy Rate Survey show that the rental market across the state remains…
Future looks bright for Eview Group in Queensland as Park Real Estate joins network on Sunshine Coast
Real estate powerhouse Eview Group is continuing to assert its serviceability across the Sunshine Coast, as the national…
Market confidence ensures strong start to 2021 for new home sales
New home sales have surged in Australia over the past 12 months, with the latest Housing Industry of…
Don’t blame zoning for Australia’s soaring house prices
Among the many explanations put forward for soaring home prices, one we hear repeatedly is zoning — the…
Sydney property values reach new record high
Sydney property prices have hit a new record high, with CoreLogic reporting today that values have recovered to…
NSW Court of Appeal restraint of trade case judgment offers lessons for employees and employers
The NSW Court of Appeal handed down its long-awaited judgment in the Agha v Devine Real Estate on…
Reserve Bank Governor issues warning on housing prices
In a speech in Sydney on Wednesday, Reserve Bank Governor Dr Philip Lowe has issued a warning about…
Thinking outside the square renders new possibilities for BoxBrownie.com
Image marketing technology specialists BoxBrownie.com have launched an innovative cloud-based offering that can provide realistic CGI renders and…
Explore Property expands presence in Queensland
Explore Property is continuing to expand its footprint in the Sunshine State, with the group now having a…
Report finds fixing income equality key to addressing property ownership imbalance
A new report released by CoreLogic suggests addressing gender income equality could also help close the gender wealth…
Kim Gregory takes the reins as new President of Property Council’s NSW division
The NSW Division of the Property Council has elected a new President, with Kim Gregory, Investa Property Group’s…
You’d be mad to miss the rare opportunity to own Max’s Beach House
It’s one of the most renowned beach houses in the country and was also featured in one of…
Call for half of NSW social housing to be provided by not-for-profit providers
The Community Housing Industry Association NSW says 50 per cent of social housing investment should be delivered by…
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…
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…