Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
New home building activity shows signs of recovery
Australia's new home building market continues to show improvement, with building approvals data highlighting a moderate-paced recovery for 2025.
Calls for RBA to ease interest rates
The latest Consumer Price Index (CPI) figures from the Australian Bureau of Statistics (ABS) show a modest annual…
Rent growth slows to lowest rate since 2021
The Australian rental market is showing signs of relief for tenants, with rents growing at their slowest pace…
Consumer confidence kicks off 2025 with a boost
Consumer confidence surged in the first week of 2025, rising 3.6 points to 87.5 according to the latest…
Billionaires retreat from London’s ‘super-prime’ market
London’s super-prime property market experienced a downturn in 2024, with billionaire buyers pulling back amid economic and political…
Private equity bets big on UK rental market
Private equity firms and pension funds are ramping up their investments in the UK rental market, with a…
Raine & Horne appoints Chris Nicholl as CEO to lead next phase of growth
The move comes after a standout year of growth, including a significant brand refresh and an expansion into…
National home values record first decline in almost two years
CoreLogic’s Home Value Index (HVI) ended 2024 with its first national decline in nearly two years, dropping by…
Granny flats take centre stage in SA’s housing market
South Australia’s housing crisis has reshaped homebuyers’ priorities, with granny flats now high on shopping lists as intergenerational…
Melbourne to lead housing growth as prices set to rise nationwide
Australian house prices are set to continue their upward trajectory, with Melbourne expected to lead major capitals with…
Top 50 Australian Residential Real Estate Industry Influencers 2024
What a year it's been for real estate - From AI-powered platforms reshaping the industry to market-shifting policy…
Industry calls for review of Queensland tenancy laws
Queensland's real estate sector is pushing for a comprehensive review of recent tenancy law changes, with concerns about…
Darwin and Melbourne the top property picks for 2025
A new report has identified some unexpected hotspots, with Darwin and Melbourne leading the way as top investment…
Sydney’s affordable housing scheme set for major overhaul
The City of Sydney is pushing forward with significant changes to its affordable housing scheme, aimed at dramatically…
Houses outperform apartments in New Zealand
House prices have shown stronger growth compared to apartments over extended periods, with land value playing a crucial…
Victorian tourist town sees surge in property listings but no rentals
The popular Victorian tourist town of Bright is experiencing a big surge in property listings, with 100 homes…
Government fast-tracks 5,000 new social homes in housing push
The Government has announced an accelerated second round of the Housing Australia Future Fund (HAFF) to deliver 5,000…
Regional divides increase in 2024
The property market is experiencing differences in growth across the country, with some areas showing strong gains while…
Property prices rise as markets shift
Property prices continue their upward trajectory with the national median house price reaching $1,050,370, marking a 6.2 per…
Trump organisation expands its Middle East presence
The Trump Organisation is set to significantly expand its presence in Saudi Arabia with plans for multiple luxury…
Listings hit multi-year highs despite November slowdown
The market is experiencing its highest November listing levels since 2020, despite a monthly decline in new properties…
Confidence rises, but housing supply and construction challenges persist in property sector
The December 2024 Procore/Property Council Industry Sentiment Survey paints a complex picture for Australia’s property industry.
Blue chip New Zealand property outperforms
New Zealand’s high-end properties and certain regional areas are showing strength and outpacing much of the broader market,…
Perth steals the show in a year of resilience
CoreLogic’s Best of the Best 2024 report reveals a year of surprises and resilience in the Australian property…
American and Middle East buyers dominate luxury European property market
Wealthy American and Middle Eastern buyers are driving the super-prime property market in Europe, accounting for half of…
Point Piper’s Wolseley Road claims title as Australia’s priciest street
Wolseley Road in Sydney's Point Piper has cemented its position as Australia's most expensive street, with median house…
RBA leaves rates on hold with inflation still “too high”
There’s no relief for mortgage holders just yet, with the Reserve Bank of Australia leaving the official cash…
Energy Ratings gap reveals new selling point for modern homes
Modern homes built after 2010 achieve nearly double the energy efficiency rating of older properties, creating a compelling…
London design firm to create ultra-luxury Sydney residences
World-renowned luxury design firm Banda Property is set to make its Sydney debut, designing interiors for an exclusive…
Canada to crack down on Airbnbs
The Canadian government has unveiled plans to help cities crack down on Airbnb and other short-term rental properties,…
Experts forecast first rate cut in May
Experts are predicting interest rates will remain elevated until at least May 2025, as the Reserve Bank maintains…
Moving home triggers major lifestyle changes for Australians
Two-thirds of Australians use moving house as an opportunity to transform their lifestyle and financial habits, according to…
Property market set for big changes in 2025
The property market is poised for significant changes in 2025, with rate cuts expected and emerging trends reshaping…
Brisbane and Adelaide set to join the million-dollar club
Brisbane and Adelaide are set to join Australia's million-dollar median house price club by the end of 2025,…
Dwelling approvals surge to highest level in nearly two years
Australian dwelling approvals have reached their strongest levels since 2022, signalling a strong recovery in the construction sector…