Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Realestate.co.nz declares 2024 a ‘Goldilocks’ market
New Zealand’s housing market has hit a sweet spot for both buyers and sellers, according to the latest data from realestate.co.nz.
NSW Government unlocks land for 2,300 new homes in Western Sydney
A significant parcel of unused land in Western Sydney's growth corridor will be transformed to deliver approximately 2,300…
Property price growth slows as markets await rate cuts
Momentum is cooling across Australia's major capital housing markets, with monthly gains slowing to 0.4 per cent despite…
Property Prices Keep Rising Despite Market Headwinds
According to the PropTrack Home Price Index released today, national home prices have risen for the 23rd consecutive…
Luxury treehouses become multi-million dollar retreats
Celebrity treehouse builder Pete Nelson is transforming childhood dreams into million-dollar luxury retreats.
Six skills to win in 2025 according to your accountant
The skills required to succeed in your career and business are changing rapidly as technology and society evolve.
Queensland leads the nation in housing activity
Queensland has emerged as the frontrunner in residential construction activity, driven by a significant influx of interstate migration…
Top 10 affordable investment hotspots under $500K
For your buyers seeking affordable investment opportunities, new research from Washington Brown, powered by Hotspotting, has highlighted Australia’s…
Renovations outpace new builds as homeowners opt for upgrades
Homeowners are increasingly choosing to renovate rather than build new homes, with renovation spending now accounting for 40…
Is a rate cut out for 2024 as inflation holds steady?
The Reserve Bank of Australia (RBA) is expected to hold the cash rate steady at its final meeting…
REIV has concerns about Victoria’s new rental reforms
The Victorian Government has unveiled sweeping new rental reforms to protect tenants, including stricter rules on rent increases,…
Sydney suburbs show strong growth potential despite a slowdown
A number of suburbs in Sydney continue to show resilience and growth potential, even with prices slowing down…
Shared living on the rise
Rising costs and creative solutions are reshaping Australia’s housing market.
Capital cities could accommodate three million new homes
New research has identified the potential for more than three million additional strata units to be built across…
First home buyers finding creative ways to enter the market despite rising costs
First home buyers are now saving less than half of what they were a year ago as the…
Commercial property market surges as investor confidence returns
Australia's commercial property market has shown resilience in 2024, with average sale prices increasing by seven per cent…
Affordability shifts towards the unit market
A shift towards unit living is gaining steam as house prices continue to surge across Australia's capital cities,…
Thomas McGlynn takes the helm at REINSW
The Real Estate Institute of NSW (REINSW) has announced Thomas McGlynn as its President.
City exodus: four in ten eye a move to regional Australia
Four in ten city residents are now considering a move to regional Australia, as new research reveals mounting…
‘Mum and Dad’ investors the key to affordable housing
Small-scale property investors could play a big role in addressing Australia's affordable housing crisis, according to new research.
NAR’s REACH program crowned top PropTech accelerator
The National Association of Realtors' (NAR) REACH technology growth program has been named PropTech Outlook's 2024 Accelerator of…
New home sales lift as market rebounds
New home sales jumped in October, with an 8.8 per cent increase compared to September, signalling a potential…
REINSW calls for clear expectations in planning reform
The Real Estate Institute of NSW (REINSW) has cautiously welcomed the state government's new Housing Delivery Authority.
Cathy Freeman and Dom Price to present at Ready25
REA Group has released the first speaker details for Ready25, the biggest property industry event of 2025, set…
WA real estate industry celebrates excellence at REIWA Awards
Western Australia's real estate industry has recognised its top performers at the prestigious REIWA Awards for Excellence, with…
Queensland’s best recognised at excellence awards
The Real Estate Institute of Queensland (REIQ) has hosted its largest ever Awards for Excellence, celebrating outstanding achievement…
Experts worried immigration is overwhelming housing supply
Australia's leading experts on housing are worried that Australia’s high levels of immigration are hurting housing affordability and…
Record property listings across capital cities
Capital city property buyers are being given the most choice in a decade, as new listings hit record…
New $900 million fund to boost construction productivity
The Federal Government has announced a significant new initiative aimed at addressing productivity challenges in the building and…
Property markets remain resilient despite high rates
Property markets across Australia continue to show remarkable resilience in the face of high interest rates, with several…
REA Group Excellence Awards winners announced
REA Group last night celebrated the best of the best in the property industry at its Annual Excellence…
Real estate agencies face hidden risks with overseas freelancers
Cybersecurity experts are warning Australian real estate agencies about the dangers of using overseas freelancers for outsourcing operations.
Property investors shift focus to high-growth markets
Investment activity is showing strong signs of growth, despite concerns about investors exiting, according to new data.
Home building recovery underway across Australia except Sydney
A national recovery in home building is gaining momentum, but Sydney continues to lag behind other major markets.
Buyers told to do their due dilligence this holidays
With the holidays fast approaching, buyers are being told to do their due diligence when it comes to…