Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 23 awards presented to outstanding agents and agencies.
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…
Boost Your Productivity with Advanced CRM Features: What Sets Top Agents Apart
Maintaining a competitive edge in real estate requires more than just networking and market knowledge; it demands the…
Young buyers flock to suburbs undergoing urban renewal
Established suburbs that are experiencing urban renewal are becoming increasingly attractive to younger buyers, according to new research.
REIQ pushes back on costly anti-money laundering laws
The Real Estate Institute of Queensland (REIQ) is calling for significant changes to proposed anti-money laundering laws that…
Regional locations continue to see solid growth
Queensland and Western Australia continue to be some of the strongest regional locations for growth, with experts predicting…
More good news for tenants as vacancy rates rise
The rental market continues to show signs of easing with vacancy rates increasing from record lows, signalling a…
Australians put safety first when buying a house
Most Australians are willing to pay more to live in safer suburbs, with security becoming an increasingly important…
New legislation could offer fresh hope for renters
Over 50 per cent of Australian renters feel they have no choice but to rent, with many believing…
Construction delays spur industry changes to attract new talent and drive innovation
The time taken to build new homes and apartments has reached unprecedented levels, with new data revealing significant…
Singles can’t afford to rent in New Zealand
Singles in New Zealand are not living the ‘Carrie Bradshaw’ life, with new analysis showing that no region…
National rental market shows signs of easing
The rental market is showing signs of easing with more properties becoming available and prices dropping for the…
Hope on the horizon: Build-to-Rent legislation could ease pressure for renters
New research reveals that over 50 per cent of Australian renters feel they have no alternative but to…
REIA appoints Scott Rollason as CEO
The Real Estate Institute of Australia has appointed Scott Rollason as their new chief executive officer.
New home approvals reach highest level since 2022
Australian housing construction is showing strong signs of recovery, with detached house approvals hitting their highest monthly level…
Americans eye Canadian real estate as 2024 election heats up
With the 2024 US presidential election going down to the wire, there's been a marked increase in American…
Will the RBA cut rates?
Record numbers of Australian homeowners are struggling with mortgage stress, but does that mean the RBA will be…
Victoria bans no-fault evictions
Victorian landlords will no longer be able to evict tenants without valid reasons as part of sweeping reforms…
New building system promises new homes in 10 days
A revolutionary new construction system is promising to cut building times by nearly half, with the first Victorian…
Home prices hit a record high as Melbourne leads growth
Australian home prices have surged to new heights in October, marking the 22nd consecutive month of growth despite…
HomeBuilder fuelled inflation and the housing shortage
The $2.6 billion HomeBuilder stimulus during the pandemic helped fuel inflation and has contributed to a housing shortage…
Property market shows signs of cooling despite record prices
Property prices have reached new highs across multiple capital cities, however, experts suggest the market is shifting in…
Victoria’s regional social housing boost
In a move to tackle Victoria’s housing crisis, the state government has unveiled a new breakdown of its…
Do ghosts impact house prices?
As Halloween approaches, Australia’s fascination with the paranormal takes centre stage, from ghostly tales to haunted locations scattered…
Rental market shows signs of easing despite continued challenges
The rental market is showing early signs of relief as price growth slows and supply increases, according to…
Labor backs housing supply boost, steers clear of negative gearing reform
A new poll found respondents favoured land release for development over changes to negative gearing.