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Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.

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First home buyers flock to Victoria as ‘rentvesting’ gains momentum

First home buyer loan activity is surging across Australia, with Victoria emerging as the nation's leading destination for new buyers.

Industry News

$10,000 apprenticeship incentive welcomed as key step in tackling housing crisis

The Property Council of Australia and the Housing Industry Association (HIA) have praised the federal government’s new $10,000…

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Land prices surge past inflation and construction costs

National land prices have hit record highs, outpacing both consumer inflation and building costs as supply constraints continue…

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Singapore’s Ho Bee Land launches takeover bid for AVJennings

Ho Bee Land has entered a bidding war for Australian homebuilder AVJennings, offering A$391 million in a move…

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Property slowdown gives NZ buyers the upper hand

New Zealand's property market continues to experience a slowdown, with national property values falling nearly 18 per cent…

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Property listings surge to highest levels since 2017

The property market has seen its strongest year of new listings since 2017, giving buyers more choice and…

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Trump’s policies and their potential impact on Australian real estate

Sydney-based real estate agent Tina O’Connor and the Economic Society of Australia have shared their insights on how…

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This Florida mega-mansion could be America’s most expensive home

A planned luxury compound in Manalapan, Florida, is pushing the boundaries of high-end property with a staggering US$285…

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Queensland first-home buyers can soon rent rooms without losing benefits

First-home buyers in Queensland will soon be able to rent out spare rooms without risking their grants or…

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Peter Diamantidis: making 800 sales per year and dominating your market

When Peter Diamantidis made the switch to Ray White three years ago, he knew it was time to…

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Unemployment edges higher but not enough for a rate cut

Mortgage holders might have to keep on waiting for lower interest rates, with new data showing that the…

Industry News

More than one-third of US homeowners say they’ll never sell

High housing costs are keeping many US homeowners firmly in place, with more than one-third (34%) saying they’ll…

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Super access plan aims to boost home ownership

The Housing Industry Association (HIA) has thrown its support behind a new Coalition proposal that would allow first…

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Coastal suburbs see dramatic price growth across Australia

Australian coastal property markets have seen exceptional growth over the past five years, with premium locations in capital…

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Domain’s December 2024 House Price report: insights across Australia’s capital cities

Australia’s property market experienced a mix of resilience and deceleration in the final quarter of 2024, as revealed…

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Housing industry demands urgent action on supply crisis

The Housing Industry Association (HIA) is pushing for bold action to address Australia's housing crisis, as the country…

Industry News

TikTok ban looms in the US

The January 19 deadline for the US anticipated ban on TikTok and its China-based owner ByteDance is fast…

Industry News

Michael Bacon: From country boy to co-director at 26

Michael Bacon's rapid rise in real estate comes down to his self-belief and authenticity, having gone from a…

Industry News

Underpayment laws you need to know about for 2025

New rules mean underpaying employees – whether it’s forgetting overtime, missing penalty rates, or skipping super – could…

News

Rental growth “well and truly passed the peak”

The Australian rental market is showing clear signs of cooling, with national rental growth dropping to just 4.8…

Industry News

Top Home and AI Tech Innovations from CES 2025

I spent hours reading about the latest tech from CES 2025, and now I can't stop thinking about…

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Bec Turner: signing 1600 managements in 4.5 years

Starting as a 17-year-old receptionist, Bec Turner has transformed herself into one of Ray White AKG's most successful…

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Gen X overtakes Baby Boomers in property wealth, according to KPMG report

A new analysis by KPMG reveals that Gen X has now surpassed Baby Boomers in property and share…

Industry News

NZ property market closed 2024 with fresh opportunities despite December lows

The New Zealand property market experienced a subdued close to 2024, with realestate.co.nz reporting record lows across key…

Industry News

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…

Industry News

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…

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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…

Industry News

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…

Industry News

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…

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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…

Industry News

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…

Industry News

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…

Industry News

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…

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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…

Industry News

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…