Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Slim pickings for buyers with less than $750,000
The constant surge in house prices across the country is making life difficult for buyers according to the latest Herron Todd White (HTW) Month in Review.
Inflation jump could spark interest rate rise
A 14th cash rate hike is once again on the table, after the monthly inflation rose to 4…
Property gains hit a 14-year high
Homeowners are cashing in on the back of rising prices, with profitable resales reaching the highest level since…
Chantelle Collin named partner at BresicWhitney
Head of Property Management at BresicWhitney, Chantelle Collin has officially become a partner, on the back of her…
Property prices set for more growth in the next year
Australian property prices are now expected to rise as much as 5 per cent in 2024, with a…
Luna Park expected to sell for about $70 million
Sydney’s iconic amusement park, Luna Park, has hit the market for the first time in two decades.
10 things to know about the NZ property market right now
Regulatory change is a huge theme for housing at present, so in this environment CoreLogic's Chief Property Economist,…
SA’s new rental laws to come into effect
South Australia's new rental reforms are set to take effect on 1 July and will see new rights…
Jay Giblett: mixing business and lifestyle in Endeavour Hills
A year ago, Jay Giblett often felt like he was robbing Peter to pay Paul.
Sales volumes rising in NSW, but WA’s hot run could be over
Sales volumes are on the rise across a host of suburbs in NSW, however, demand in Western Australia…
Best of RE/MAX bask in Bali
The elite in the RE/MAX sales force have shaken off early winter chills to warm up while experiencing…
Auction numbers remain high despite winter setting in
Auctions have remained unseasonably high for the start of winter with strong stock levels coming to market and…
Foreign buyers flood into Melbourne and Queensland
Foreign buyers are flooding back into Australia, with Melbourne and Queensland emerging as the hottest locations for overseas…
Ray White uses sign language to make auctions accessible
Ray White Noble Park has made history by providing an Auslan interpreter to sign the auction call of…
The 27 key metrics agents need to track
Systems and checklists are the keys to keeping your finger on the pulse of your business and generating…
Gold Coast’s Landmark project to boost A-grade office space
A Gold Cost mixed-use development is set to provide the city with a year’s supply of office space.
Mortgage arrears hit three-year high
Borrowers are increasingly falling behind on their mortgage repayments with arrears hitting a three-year high.
Sabrina Gao heads up Ray White Lower North Shore’s China desk
Ray White Lower North Shore has enhanced its Chinese connection with a new full-service desk led by Sabrina…
Handling the death of a tenant with compassion
Death is something that touches us all and property managers can at times find themselves confronted with the…
Calls to cap the number of short-term rentals
There is a new call to cap the number of Airbnb-type properties, with new data showing that 74…
Record Real Estate of Origin for Ray White Group
Ray White agents across Australia and New Zealand have booked 10,141 appraisals at the 15th Real Estate of…
Harcourt’s icy plunge raises $10,000 for MND
Harcourts Ulverstone & Penguin team members have taken an icy trip down the town’s water slide to raise…
View Media Group partners with Century 21
View Media Group has joined forces with Century 21, in a strategic partnership designed to shake up digital…
Property prices to hit new records in new financial year
Property prices will continue to rise in the coming financial year, with Sydney’s house prices set to more…
REA Group acquires remaining interest in Realtair
REA Group has now acquired full ownership of Australian PropTech, Realtair.
NSW State Budget plans for 30,000 new homes
NSW Treasurer Daniel Mookhey has handed down this year's state budget, with a focus on building more homes…
RBA keeps cash rate on hold at 4.35 per cent
The Reserve Bank of Australia has kept the cash rate on hold at 4.35 per cent at its…
MRI Software partners with CBA on reimagined payments solution
Commonwealth Bank of Australia (CBA) has unveiled a strategic collaboration with MRI Software to enhance the residential real…
Housing affordability is getting worse in WA
Home prices in Western Australia aren’t looking as cheap as they used to be, with new data showing…
Nerida Conisbee: Shouldn’t we already be in recession?
An interesting global study was recently released by the International Monetary Fund (IMF,) which looked at how sensitive…
Ray White Queensland partners with the Brisbane Lions
Ray White Queensland has kicked off a three-year partnership with the Brisbane Lions, becoming their official real estate…
Many experts tip first rate cut in July 2025
Economic and property experts have unanimously tipped the Reserve Bank of Australia will keep the cash rate on…
Mortgage cliff not finished yet
Life is not expected to get any easier for thousands of borrowers, with the last of the fixed-rate…
Richardson & Wrench Crows Nest gears up for growth
Property sellers in Crows Nest can now stay one step ahead of market trends and capitalise on property…