Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Real Estate Bookings Launches REBconnect
REBconnect is a targeted social media service that allows real estate agents to promote their listings to in-the-market buyers, with the power of remarketing and advanced targeting capabilities.
Perth rental market subdued in June qtr, annual leasing figures remain strong: REIWA
Leasing activity in Perth was more subdued in the June quarter than it was in the March quarter,…
CoreLogic Property Pulse: housing stock under $400k declines
A budget of $400,000 used provide a decent range of housing options for a buyer looking for property,…
Sydney vacancy rates on the rise: REINSW
Vacancy rates across Sydney continue to rise as seasonal factors influence the number of people seeking rental accommodation,…
REA Group appoints Kerry Wong as CEO – Greater China
Ms Wong will be responsible for overseeing and setting the digital strategy in Hong Kong, Macau, Mainland China…
REA Group goes live with a design uplift for new homes
With half of Australia's property seekers considering off the plan property, the land estate section of the website…
Novice auctioneers raise $50,000 for charity: REINSW
The 2017 REINSW Novice Auctioneers Competition, which raised around $50,000 for charity, has been taken out by Michael…
Recent Slump in Investor Mortgage Demand Slowed in June 2017
According to the latest housing finance data released by the Australian Bureau of Statistics, demand from the investor…
Auction volumes highest they’ve been for 6 weeks with a low 70’s clearance rate.
Across the combined capital cities this week, the number of homes taken to auction rose to 2,011, compared…
Demand for Australian property hits a new peak, REA Demand Index
No signs of slowdown as index hits a new peak in July
First Home Buyers Returning to Housing Market
The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) show that first home…
2017 REINSW Awards for Excellence finalists announced
The Real Estate Institute of New South Wales has released the finalists for the 20th annual REINSW Awards…
Juwai.com Appoints Carrie Law and Georg Chmiel as CEO and Chairman
Juwai.com announced Carrie Law has become its CEO and Georg Chmiel its Chairman. The two are senior executives who…
Digitisation of NSW real estate: REINSW Integrates with DocuSign
DocuSign, the global leader in eSignature and Digital Transaction Management (DTM), today announced an integration with the peak body for the real…
CoreLogic Property Pulse and auctions 10 August 2017 – Million Dollar Sales at Record Levels
The proportion of settled sales exceeding $1 million has reached new record highs, according to CoreLogic.
REIWA calls for tax reform in 2017-18 State Budget
The Real Estate Institute of Western Australia has called on the State Government to implement a range of…
Auction volumes were down in the first week of August however preliminary clearance rate was higher
The first week of August saw fewer auctions held across the combined capital cities, with 1,846 held this…
Di Jones appoints Melissah Kenny as Digital & Social Media Specialist
Agency aims to be innovative with the expansion of its marketing team
REIQ Auctioneer of the year wins title for fourth time
Mr Nickerson is the reigning REIA Australasian Auctioneer of the Year and has won the state event in…
RBA leaves rates on hold in August 2017
Decision marks one year since the cash rate was last cut
Home Loan Refinancing Now Fully Digital in Vic and NSW
1 August 2017 was the banking industry deadline for paperless refinancing in Victoria and New South Wales.
CoreLogic home value index shows house prices jumped 1.5 per cent across capital cities in July
Results highlight the diversity of housing market conditions in Australia
Raine & Horne Commercial open in Toowoomba
Commercial real estate group Raine & Horne Commercial has today launched an office in Toowoomba, Queensland’s biggest regional…
REISA market update second quarter 2017
Sales have significantly rebounded across metropolitan Adelaide and the whole of South Australia in the second quarter of…
HIA: New home sales hit lowest level since 2013, while housing affordability continues to decline
The HIA has released their reports for New Home Sales and Affordability. These reports show new homes sales…
Crowdfunding opens the door to Australia’s property market
Innovative research from the University of South Australia reveals that strength in numbers could hold the key for…
Coronis welcomes youngest shareholder
Coronis has welcomed their youngest-ever shareholder to partner with the South-East Queensland property services group, 27-year-old Tamika Kent,…
First Home Owner Grant discriminates against buyers wanting to enter the established market
REIWA says the First Home Owner Grant unfairly penalises buyers wanting to enter the established market by only…
RE/MAX explodes into new financial year
One new office signed over the eight week period in June/July
Auction volumes continue to increase as preliminary clearance rate scrapes above 70%
The combined capital city preliminary clearance rate was recorded at 70.7 per cent this week, up slightly from…
CSIRO Acquires The Centre for Liveability Real Estate
"We will research issues that matter to the real estate industry; the impact of the Liveability Features™ on…
CoreLogic Property Pulse and auctions 27 July 2017 – renting on the rise and homeownership declining
Renting is climbing across the country and home ownership is on the decline, with almost 31 per cent…
HEM Property is a finalist in Greater Port Macquarie Business Awards
Naomi Hunter, David Evans and Kristian Murphy combined forces to cut out ‘ego-based marketing’ and offer superior service…