Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Americans must now earn over US$114,000 to afford the median-priced home, Up 70% Since 2019
Buying a home in the United States has become significantly less attainable, with new data revealing that the annual income needed to afford a median-priced property has climbed to $114,000—up from $67,000 in 2019. As mortgage rates remain elevated and prices hold firm, many would-be buyers are being priced out. However, signs of a market shift are emerging, with increased listings and more sellers adjusting expectations.
Labor’s housing policies set to drive prices higher before boosting supply
Labor's election victory has put housing affordability at the centre of Australia's political agenda, with policies that experts…
Slowing inflation could mean a May rate cut is coming
Inflation has officially returned to the Reserve Bank of Australia's target band for the first time in over…
Home prices reach new record high
Australian home prices have hit a new record high in April, with the national median price rising 0.20…
Kiwi property market defies global trends
Despite ongoing global economic uncertainty, New Zealand’s property market has remained steady in April, with national prices holding…
Premium suburbs lead the wave of knockdowns
Melbourne and Sydney are leading the knockdown and rebuild trend with over 30,000 homes approved for demolition in…
Western Australia has the strongest economy but Queensland’s rising
Western Australia has retained its position as Australia's best-performing economy for the second consecutive quarter, while Queensland has…
Industry faces critical anti-money laundering compliance deadline
Australia's real estate industry must prepare for significant regulatory changes as the government introduces mandatory anti-money laundering reforms…
Housing taxes and regulations hindering federal affordability measures
State government taxes and regulations are threatening to undermine federal efforts to improve housing affordability.
Sydney has the most unaffordable electorates
Sydney dominates the nation's housing affordability crisis, with 12 of Australia's 20 most unaffordable electorates located in the…
Retirement living reforms could unlock nearly 60,000 homes
Proposed reforms to retirement living policies could release almost 60,000 homes back into the Australian housing market, helping…
Stability amid the storm: Why commercial property remains the safe haven for investors
With policy uncertainty and shifting economic conditions casting a shadow over global markets, commercial property continues to prove…
New Zealand housing market finds its feet
New Zealand's housing market has found some stability following recent interest rate cuts, though experts warn there may…
The ultra-rich hideaway you’ve never heard of
A tiny, secretive city in California has become a haven for billionaires and multi-millionaires seeking privacy, exclusivity and…
Easter break sees auction volumes plummet nationwide
Auction volumes dropped dramatically across Australia's capital cities due to the Easter holiday period, with scheduled auctions down…
PropTrack and Ambient transforming property valuation through noise analysis
PropTrack, has partnered with environmental data mapping experts at Ambient on a new study which details the impact…
More pain for tenants as rents re-accelerate
National rental prices have picked up pace in the first quarter of 2025, reversing the slowing trend observed…
Adelaide joins the million-dollar club
Adelaide has officially joined Australia's million-dollar club, with its median house price reaching $1,000,202 in the March quarter,…
Canadian real estate investment in US threatened by political tensions
Growing tensions between the United States and Canada are raising concerns about the future of billions in Canadian…
US sellers optimistic about housing market despite high interest rates
Most homeowners looking to sell their properties this year are confident they will get their asking price or…
Retail sector poised for growth as investor confidence returns
The Australian retail property sector is showing strong signs of recovery with investment volumes rebounding and growth expected…
Worldwide data centre market set to reach US$4 trillion by 2030
The worldwide data centre market is experiencing unprecedented growth, with projections indicating it will reach US$4 trillion by…
Rise of the part-time female agent signals shift in real estate workforce
A new report from Ray White has revealed a marked increase in the number of female part-time real…
Australia facing GFC-level rental price hikes
Australia's rental market is experiencing price increases not seen since the Global Financial Crisis, with projections indicating more…
US real estate agents urged to diversify as TikTok faces uncertain future
TikTok has received a 75-day extension to comply with US regulations requiring the platform to either sell its…
Younger Aussies shift the goalposts on homeownership, but agents still hold ground
As property prices continue to test buyers’ budgets, younger Australians are getting creative, embracing co-ownership, apartment living, and…
New listings surge in Sydney and Melbourne
Property listings across Australia have shown strong growth with national new listing volumes increasing 6.1 per cent in…
Australian retail vacancy rates decline as market shows resilience
Australia's retail property market continues to strengthen with vacancy rates falling to 4.7 per cent in December 2024,…
Australian home values spike 39 per cent over five years
National home values have climbed 39.1 per cent over the past five years, adding approximately $230,000 to the…
US warehouse sector faces pressure amid trade tensions
Trade war concerns are sending shockwaves through the warehouse and logistics real estate sector in the US, with…
Western Sydney emerges as Australia’s leading industrial hub
Western Sydney's industrial market has made a strong start to 2025, boosting its position as Sydney's premier industrial…
Why Simon Cohen’s teaming up with view.com.au to help the industry stay sharp
A month into his new role as Property Expert and Brand Ambassador for view.com.au, Simon Cohen says he’s…
Japanese investors dominate Australian office market with $600m Sydney purchase
Japanese property investors continue to lead the Australian commercial property market with Daibiru Corporation acquiring a premium Sydney…
Could Brisbane overtake Sydney in house prices by 2029?
Brisbane’s property market is experiencing rapid growth — and some are now daring to ask the question: could…
Rental growth slows but landlords still hold the upper hand
Australia's rental market is showing signs of cooling with growth hitting a four-year low, though landlords remain firmly…