Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Home building approvals hit a 14-month high
New home building approvals in Australia have reached their highest level in 14 months, in a sign that confidence is starting to return.
Inland property prices surge as buyers look beyond the coast
Home buyers are starting to look beyond the beach, with inland areas experiencing a boom in prices as…
Greens take aim at dodgy landlords
The Australian Greens have unveiled a plan to establish a National Renters Protection Authority (NRPA) to enforce rental…
Rent.com.au sees rising revenues
Leading rental portal, Rent.com.au has seen rising revenues last financial year, as it looks to grow its RentPay…
Ray White Rural and Livestock celebrates 30 years of success
Ray White Rural and Livestock recently held its annual awards ceremony in Toowoomba, marking 30 years since the…
Queensland introduces minimum housing standards for rental properties
Queensland will now enforce minimum housing standards across all residential tenancies, providing clearer guidelines on the condition and…
Elite Retreat auction raises over $30,000 for children’s charity
A successful charity auction at this year's Elite Retreat on Hayman Island has raised more than $30,000 for…
Home buyers prioritise lifestyle this Spring selling season
Home buyers are putting lifestyle first this Spring selling season, alongside traditional factors like location and size.
The suburbs where homeowners hold onto property for 20 years
Certain Australian suburbs are seeing homeowners hold onto their properties for more than two decades which is double…
New laws aim to improve strata living in NSW
The NSW government has introduced new legislation to restore confidence in strata living and investing, targeting issues with…
realestate.com.au launches AI room renovation tool
realestate.com.au has launched an AI-generated styling tool that allows users to digitally renovate property images.
DOJ sues RealPage over rent-pricing algorithm
The US Department of Justice and eight state attorneys general have filed an antitrust lawsuit against RealPage, accusing…
Eddy Piddington brings fresh energy to Ray White Northern Beaches
Leading agent Eddy Piddington has joined Ray White Northern Beaches, bringing over 20 years of local expertise to…
ACT real estate portal launches industry-first build-to-rent solution in Canberra
As the BTR market evolves in Canberra and beyond, Allhomes’ new solution positions itself as a key player…
Townhouses drive New Zealand’s housing market transformation
New Zealand's housing landscape has undergone a significant shift, with townhouses emerging as a key driver of growth,…
US buyers drive a surge in international interest for Australian property
International interest in Australian properties has seen a significant jump, with searches from overseas buyers and renters increasing…
Property market delivers record profits for Australians
Australia’s property market continues to solidify its reputation as a reliable wealth-building avenue, with a significant surge in…
Social housing and investor reforms urgently needed
The government needs to focus on building more social houses, eliminate policies like negative gearing and coordinate national…
Sydney records the highest prime rental growth in the world
Sydney has once again recorded the highest annual prime rental growth across 15 of the world’s leading cities.
AI Powered Agents Course Goes National with Real Estate Institute Partnerships
In partnership with the Real Estate Institute of Tasmania (REIT), Real Estate Institute of the Australian Capital Territory…
Home buyers make offers after just 20 minutes
Home buyers in the UK, are spending less than 20 minutes looking at a home before putting in…
Senate launches enquiry to examine first home buyer finance
The Senate has voted to begin an inquiry examining the impact of Australia's financial regulations on home ownership,…
Domain reports solid jump in revenue and profit
Domain has reported a “strong” set of financial results for the 2024 financial year, with revenue increasing 13.1…
Record number of suburbs join Perth’s million-dollar club
Perth's property market continues to break new ground with a record 30 suburbs joining the million-dollar club in…
Spring selling favours vendors in Adelaide and Perth
The upcoming spring selling season is expected to be particularly good in Adelaide and Perth as vendors cash…
NAR facing lawsuit over access to listing platform
Beleaguered NAR has been hit with another lawsuit, however, this time it’s aimed at the industry requiring agents…
Harcourts bids big for mental health with Blue Friday auctions
Harcourts Australia is getting ready to paint the country blue, with its nationwide auction event to raise money…
Laing+Simmons trains property managers with crime-solving skills workshop
Laing+Simmons has collaborated with team building and communication experts, Crime Story, in a unique training session to equip…
Steve Mutton returns to Ray White
Steve Mutton has returned to Ray White to join forces with Scott and Grant Burgess on the Gold…
Buyers’ optimism grows, but affordability challenges slow property searches
Prospective buyers feel positive about entering the property market, but once the house hunt starts, affordability challenges mean…
Housing affordability remains challenging in New Zealand
Housing affordability in New Zealand continues to be strained despite weaker property prices and rising incomes.
Grant Hackett: Focus on purpose and meaning to succeed
If you want to succeed in real estate or sports you need to focus on finding your purpose…
Buyers find more options as property supply rises
Properties will need to be priced right coming into the spring selling season, with the latest data from…
Nationwide workshops to shape future of property services qualifications
BuildSkills Australia (BuildSkills) will hold consultation workshops around the country as part of qualification reform in the property…
One-minute data: Rental vacancy rate stabilises as investors return
The national rental vacancy rate held steady at 1.42 per cent in July, with some cities seeing improved…