Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Industry leaders unite at theOne Conference: pioneering success strategies for real estate in 2024
Win January and you win then you win the rest of the year was the main message from Avi Khan at theOne Conference on the Gold Coast.
Mathew Tiller: Property market more balanced in 2024
Increasing stock levels will create a more balanced property market in 2024, but prices will still climb, according…
NSW vacancy rates ease but crisis far from over
Renters across NSW have seen a slight reprieve in December with vacancy rates rising but the rental crisis…
Premier Chris Minns: NSW won’t meet housing targets
New South Wales Premier Chris Minns has waved the white flag and admitted the state has “no chance”…
Perth price growth set to continue in 2024
Perth house prices could grow as much as 10 per cent this year, with rising interest rates failing…
New Zealand property prices rise for the third straight month
The rebound in home prices across New Zealand has continued, with prices rising 1 per cent in December…
Is Adam Neumann’s apartment venture already struggling for money?
Adam Neumann's new apartment venture, Flow, looks to have encountered financial difficulties with its earliest acquisitions.
Property portal Homely celebrates its 10th birthday
A decade after a poor home buying experience left Jason Spencer lamenting the fact he couldn’t read street…
First-home buyers surge, defying rising costs and rates
First-home buyers are fighting back against rising interest rates, the increased cost of borrowing and the increasing cost…
The best properties on the market right now with great tennis courts
With the Australian Open getting underway, tennis fever is back and more people than ever are wanting to…
Tenants who took on their landlords and won
It’s been a tough year for renters with a lock of supply and rising rents and it’s meant…
Auction Snitch app to boost price transparency in property market
Two Sydney entrepreneurs, with a background in real estate and tech projects, have launched a new app that…
Temporary buyer window opens in slowing Sydney luxury market
Price growth in Sydney’s luxury property market is starting to slow down opening up a ‘temporary window’ to…
REIQ calls for stamp duty concessions to keep up with rising property prices
The Real Estate Institute of Queensland (REIQ) has called for the stamp duty concession threshold for first home…
NAR president Tracy Kasper resigns in shock move
The turmoil at the top at the National Association of Realtors (NAR) has continued with president Tracy Kasper…
Vacancy rates ease in December
After a tough year for renters, there are some early signs that relief might be on the way…
Relief for renters as house rents remain steady
After a tough few years for renters, there is now a glimmer of hope with house rents across…
Housing approvals remain at low levels
Despite surging demand and already low stock levels, new house building approvals numbers have fallen, with the Government’s…
Over 100 Gold Coast properties to be auctioned at The Event
Over 100 properties are set to go under the hammer at the iconic Gold Coast auction day The…
Raine & Horne acquires New Zealand’s Mike Pero Real Estate network
Australian real estate brand Raine & Horne is expanding its reach after acquiring the nationwide Mike Pero Real…
The top 50 residential real estate influencers for 2023
There is rarely a dull day in real estate. From mergers and acquisitions, record sales and the AI…
Geared for growth on the Gold Coast
The Gold Coast real estate market has emerged as a standout success story in the wake of the…
Barry Johnston named new REINSW president
The Real Estate Institute of NSW (REINSW) has named Barry Johnston as its new president.
Property market resilience to be tested in 2024
After bouncing back in 2023, the resilience of the property market is set to be tested according to…
Perth property prices predicted to jump up to 10 per cent in 2024
Perth property prices could soar as much as 10 per cent in 2024, according to Damian Collins, who…
REIQ Zone Chairs to enhance local real estate insights
The Real Estate Institute of Queensland (REIQ) has appointed 16 Zone Chairs to lend their voice and local…
A year of two halves for property growth
The past 12 months has been a year of two halves for the Australian property market, with ongoing…
Step inside Santa’s home with a virtual tour that unveils the magic of Christmas
Surrounded by crisp white snow and adorned with festive lights and mistletoe, Santa’s North Pole cabin isn’t on…
NSW Fair Trading cautions against inadequate real estate training
NSW Fair Trading has urged agents and property managers to only use trusted, quality focused and registered training…
Adam Neumann turns attention to new venture after WeWork collapse
Hot on the heels of the besieged WeWork being forced to file for bankruptcy, founder Adam Neumann has…
Sydney property outperforms expectations, with more growth ahead
Pent-up demand across Sydney’s property market has seen price increases outperform analysts' forecasts, with an expert predicting 2024…
Barry Plant Eastern Group takes a collaborative approach to growth
Just over 12 months on from the successful acquisition of Philip Webb Real Estate, Barry Plant Eastern Group…
Housing crisis is due to lack of supply, not immigration
The more than 500,000 new immigrants aren’t causing pressure on the housing market or making property prices more…
Shane Smollen to sell Byron Bay beauty worth more than $40 million
A lavish beachfront property in Byron Bay, spanning three land titles with a 30m coast frontage, is currently…