Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Trump’s tariffs push up construction costs for US developers
Real estate developers across the US are facing rising costs as President Donald Trump’s latest tariffs increase prices on key building materials, including steel, aluminum, copper, and tiling.
Brisbane and Gold Coast property markets bounce back after Cyclone Alfred
Just a week after Cyclone Alfred disrupted open homes and auctions, Brisbane and the Gold Coast real estate…
Trillions in real estate at risk from natural disasters
Natural disasters are threatening trillions of dollars worth of residential real estate across the United States, with extreme…
Five years on: COVID-19’s lasting impact on Australia’s housing market
Five years after COVID-19 was declared a global pandemic, its influence on Australia’s housing market remains strong, with…
Rental prices drop in Auckland and Wellington, offering relief for renters
New data from realestate.co.nz shows that rental prices have dropped in two of New Zealand’s largest cities, with…
Housing taxes now account for half the cost of a new home
Government taxes and charges on new housing have doubled in some Australian cities over the past five years,…
New homes require smaller mortgages in five states
Homebuyers in five Australian states are taking out smaller mortgages for new homes than for established properties, challenging…
Renovations add value, but not as much as you think
Homeowners considering renovations can expect to make back at least their costs, but several other factors impact the…
Property market gains momentum as new listings spike in February
Australia’s property market showed renewed momentum in February, with new listings rising across major capital cities and auction…
High-end property markets signal broader recovery ahead
Australia's premium property markets are showing strong signs of recovery, potentially signaling a broader market turnaround according to…
Rental affordability hits record low across Australia
Rental affordability in Australia has deteriorated to its worst level since records began in 2008, with median-income households…
Sydney among world’s most expensive luxury property markets
Sydney has secured its position as one of the world's most expensive luxury property markets, ranking 11th globally…
Victoria strengthens renter rights with new laws
Victoria has passed new laws strengthening renter protections, including a complete ban on ‘no reason’ evictions.
New home approvals rise, signalling progress for housing supply
New home building approvals in Australia have reached their highest level since December 2022, offering some positive news…
Hope for housing affordability after RBA rate cut
Housing affordability in Australia might be at a record low, but the RBA rate cut suggests 2025 may…
Regional migration trend started well before COVID
More Australians are moving from capital cities to regional areas in a long-term trend that began well before…
New Zealand property values show signs of recovery
Property values in New Zealand have returned to growth, signaling the end of 2024's mini downturn and suggesting…
Coalition announces FIRB overhaul
A Dutton Government would establish a taskforce to reform the Foreign Investment Review Board (FIRB) and implement an…
Queensland set to usher in the next wave of million-dollar suburbs
Queensland has emerged as the leading state in Australia's next wave of million-dollar suburbs, claiming four of the…
REA Group invests in rural property data platform Agtuary
REA Group has announced it will acquire a minority stake in Agtuary, a platform specialising in rural property…
Housing market rebounds as prices rise
After three months of decline, Australian home values increased by 0.3% in February, marking a reversal in the…
Five years on: how the pandemic transformed home buying in the US
Five years after the onset of the COVID pandemic, the US housing market looks significantly different. Home values…
Townsville leads regional Queensland in house price growth
Townsville is experiencing the fastest-growing house prices of any regional city in Queensland, following years of subdued market…
Home prices rebound in February amid interest rate cut
National home prices rose by 0.40% in February, reaching a new record and reversing recent minor declines.
Builders launch federal election campaign to address housing crisis
Master Builders Australia has launched its federal election campaign, demanding concrete action from all political parties to address…
Apartment rents cool in the US, but family homes stay pricey
Renters in the United States may find better deals on apartments this year, but those looking for single-family…
Aussie homeownership dreams remain strong despite market pressures
A new LJ Hooker survey has revealed that despite soaring property prices and mortgage pressures, Australians remain committed…
China leads foreign investment in Australian real estate
Foreign investment in Australian residential real estate continues to show strength with China leading the way in approved…
Buying a unit can shave nearly two years off first-home buyer savings time
First-home buyers in Australia can enter the property market nearly two years sooner by purchasing a unit instead…
Victoria aims to become “townhouse capital” with planning reforms
Victoria is set to streamline the approval process for medium-density housing with Premier Jacinta Allan introducing a new…
Stars gather in a stellar venue
In a star-studded evening of timeless elegance, the RE/MAX Australia annual awards gala was a spectacular event in…
NSW Government’s Low and Mid-Rise policy to unlock 112,000 homes over five years
The Minns Labor Government’s Low and Mid-Rise housing policy is set to deliver 112,000 new homes across New…
Productivity failures are holding Australia back, says report
Australia’s housing affordability crisis is being worsened by three decades of declining productivity in home construction, with new…
US real estate giant makes $2.7b bid for Domain
A major shake-up is underway in Australia's property portal landscape as US-based CoStar Group has launched a $2.7…
Agents warned about social media rental scams
A wave of rental scams are targeting renters through social networking sites, with prospective tenants being urged to…