Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 cent increase from a decade ago when premium properties started at $1.49 million, according to new research.
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…
Aussie eye interstate moves as cost-of-living pressures bite
A growing number of Australians are considering packing up and moving interstate, as cost-of-living pressures force workers to…
RBA rate cut drops — what it means for the market
The Reserve Bank of Australia has cut the official cash rate by 25 basis points, bringing it down…
Western Sydney faces a severe housing shortage as construction lags
Western Sydney is experiencing a critical housing delivery crisis with construction falling dramatically short of what's needed to…
Is Trump driving house price growth? Auction day clearance rates show increasing momentum
Australia's housing market responds dramatically to global Trump effect, with auction clearance rates hitting 72% in May—the highest…
Home listings spike in the US as cautious buyers keep market in check
The US housing market is showing signs of renewed seller confidence this spring, but buyers remain wary, according…
Mark McGoldrick claims the 2025 Auctioneering title
Mark McGoldrick of New Zealand has been crowned the 2025 Australasian Auctioneering Champion at the prestigious AUSTROS competition…
Why global investors are betting big on our student housing boom
Australia's purpose-built student accommodation (PBSA) sector is expected to continue to draw substantial international investment as the country's…
Finder survey: 88% of economists tip rate cut as housing sector watches closely
A rate cut by the Reserve Bank of Australia (RBA) looks increasingly likely next week, with 88% of…
Regional Queensland the top spot for families leaving the major cities
Regional Queensland has emerged as Australia's most popular destination for relocating families, with 2.48 families moving in for…
Buyers want quiet streets, formal rooms, and a bedroom for every child: LJ Hooker survey
Personal space, traditional layouts, and community appeal are shaping homebuying decisions in 2025, according to new research from…
Nine in ten Kiwi property owners still making a profit, despite market challenges
Despite a softening property market, the vast majority of New Zealand property sellers are still walking away with…