Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Perth prices continue to surge in January
Perth has retained its title as the strongest property market in Australia, with house prices up 15.3 per cent over the past 12 months.
REIQ calls on the LNP to reveal stamp duty threshold
The Real Estate Institute of Queensland (REIQ) has labelled the LNP’s promise to lift the first-home buyer stamp…
Agents tip interest rates to drive the market in 2024
Over 70 per cent of real estate agents think interest rates are going to be the big driver…
Chinese property giant Evergrande ordered to liquidate
A Hong Kong court has ordered the world’s most indebted property developer, China’s Evergrande Group, to liquidate, following…
Rental stock levels fall to record low levels
Rental stock has plummeted to historic low levels, with population growth continuing to drive demand.
Enhanced site experience for view.com.au
Improved homepage search, ‘see all’ functionality and buyer leads for unlisted properties are among a raft of improvements…
Clearance rate tops 80 per cent at Ray White Surfers Paradise auction bonanza
There were huge numbers of buyers on the Gold Coast this past weekend for Ray White’s annual The…
REIA on the hunt for solutions to the regional housing crisis
The Real Estate Institute of Australia (REIA) is putting together a summit focused on finding solutions to help…
Perth suburbs grow in value by more than 30 per cent
Perth was one of the hottest property markets last year, with the top-performing suburbs seeing growth of more…
Second ride in 2025 to raise funds for underprivileged children in Thailand
When Grant Turner puts his foot on the pedal to set out on the next Digital Live Home…
Coastal values soar despite economic challenges
More than one-third of Australia’s regional coastal markets have property values at record highs despite multiple interest rate…
Tenants to pay landlord $3000 over cockroach dispute
A Sydney couple have been ordered to pay their landlords $3000 for vacating an inner-city property just four…
First-home buyers make a record share of property purchases
First-home buyer (FHB) activity has jumped in New Zealand, with new data showing the cohort now make 27…
Coastal hotspots set to see strong demand in 2024
Coastal locations continue to be in favour with buyers, with experts predicting a number of beachside suburbs across…
REIQ demands crackdown on dodgy backyard rentals
The Real Estate Institute of Queensland (REIQ) has called on authorities to crackdown on blackmarket “backyard campsites” emerging…
Anton Babkov steps aside as Rex Software CEO
Anton Babkov, one of the founders of Rex Software, has stepped aside as chief executive officer and will…
First National CEO Ray Ellis to step down
First National Real Estate has today announced that Chief Executive Officer, Ray Ellis will step down from his…
Rents hit another record high but growth likely to slow
Tenants continue to feel the pressure of the housing crisis, with rents surging to a record high and…
Inside the Brisbane home used in Boy Swallows Universe
A trio of Brisbane homes have showcased the Queensland capital to the world as part of the hit…
Kolmeo’s new workflow checklists to help save time and money
Property management software provider Kolmeo has launched its latest innovative feature - workflow checklists.
US commission lawsuit takes aim at 35 agencies and industry groups
A major commission lawsuit has been filed in California that names more than 35 defendants, including the National…
Over two-thirds of mortgage holders struggle to make repayments
Life isn’t getting any easier for mortgage holders, with over two-thirds struggling to make their repayments according to…
Rising construction costs signal a return to trend
Construction cost increases have started to reaccelerate, but experts believe this is just a return to trend and…
Developers struggle to sell off the Paris Olympic Village
Developers building the Paris Olympic Village are struggling to sell the apartments once the Games are finished, due…
Zillow’s new feature helps renters build credit history
US real estate platform Zillow will introduce credit-building payment reporting so tenants who pay their rent on time…
Queensland rental crisis: vacancies dip, social housing queue soars
Queensland’s vacancy rate has continued to fall, while the state’s social housing waiting list has climbed to 43,000.
Academics say first-home buyers shouldn’t buy now
First-home buyers should be cautious about purchasing in the current market, according to academics.
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…
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.