Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 all £20 million-plus sales in London and 80 per cent of luxury deals on the French Riviera.
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…
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…
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…