Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 cities and regional areas experiencing substantial price increases, according to new research.
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…