Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
A silver lining in NZ’s soft property market: values rise in 128 suburbs
Soft property market conditions continue across New Zealand, but there is some positive price news, with more than 120 suburbs increasing in value in the past three months.
REIV leader Quentin Kilian and Charter Hall co-founder Cedric Fuchs named in King’s Birthday Honours List
Real Estate Institute of Victoria Chief Executive Officer Quentin Kilian has been named in the King’s Birthday Honours…
Could Chinese developers Forbes Global 2000 rankings spark hope for Aussie build-to-rent solutions?
One of China’s largest residential property developers, with a key stake in build-to-rent in the country, has ranked…
Escalating mortgage defaults as Australians grapple with mounting financial pressure
The number of Australians defaulting on their home loan is on the rise, according to new research.
More land needed in South-East Queensland to ease the housing crisis
The influx of people moving to Queensland from both overseas and interstate is putting the housing market under…
Data-powered digital solution a game-changer for faster property valuations
SMARTval will help drastically improve processing times on property valuations.
Unlocking the potential: Transform winners experience breakthroughs with AI and efficiency
Artificial Intelligence mastery, soaring productivity and a more purposeful, peaceful workday are just some of the improvements the…
More than 40 per cent of suburbs see rents increase by double-digits
Surging migration and tight supply have led to 44.4 per cent of house and unit markets seeing rents…
Property prices could make new highs in 2024
If the current rebound in property values can continue, prices will make fresh highs in January 2024 according…
Luxurious Perth French chateau-style home labelled the ‘finest in the country’, hits the market
A custom-designed Perth home, with a French-inspired feel, has just been listed for sale with price hopes of…
One in four properties purchased without a mortgage
Cash buyers have been active on the East Coast, with a new report showing that 25 per cent…
Build-to-rent case study: the Smith Collective’s lasting legacy
The head of Australia’s first build-to-rent community, the Smith Collective, has called on the Queensland Government to include…
RBA doubles down on interest rates as REIA says housing affordability at its worst this century
The Reserve Bank boss has doubled down on the need for this week’s interest rate hike, despite admitting…
Perth homes snapped up with listings at 13-year low
Perth listing levels have fallen to their lowest point in 13 years, with homes selling at their fastest…
Interest rates rise to highest level since April 2012
The Reserve Bank of Australia has lifted interest rates a further 25 basis points to take the cash…
DiJones doubles down on the future of sales with new head of sales innovation
Darryn McRae will take a refreshed approach to the real estate sales process.
Real estate institute urges Coalition to protect renters from Greens rent freeze
The Real Estate Institute of Australia (REIA) has called on Peter Dutton’s Coalition to support the Housing Australia…
House and unit rents finally fall in some cities, while room rents surge
Pressure might be starting to ease in some of the country's most tightly held rental markets with new…
Apple unveils groundbreaking spacial computer called Apple Vision Pro
Apple has introduced Apple Vision Pro, a groundbreaking device that seamlessly integrates digital content with the physical world,…
Number of borrowers struggling to pay their home loan has surged
The record increase in interest rates is starting to weigh on borrowers with new research finding 40 per…
Do low listings beget low listings?
Australia’s low levels of property listings could be creating a self perpetuating cycle and influencing would-be vendors to…
Affordable capital cities the best option for buyers
The cheaper capital cities of Adelaide and Perth continue to attract buyers and have the potential for more capital…
Taxing vacant homes and holiday rentals could help ease the housing crisis
Incentivising investors, taxing vacant homes and holiday rentals and releasing more land are all measures being considered to…
Rate Hike? Aussie property market says ‘No problem’ as price rebound continues
The Reserve Bank’s decision to lift the cash rate in May has not dampened the nation’s house price…
Inflation rises as RBA boss suggests sad solution to rental crisis
In a shock few experts saw coming, inflation has risen to almost 7 per cent in April, with…
The Sydney suburbs tipped to see values rise
With home prices rebounding across Sydney in recent months, a number of high-profile suburbs including Kogarah Bay, North…
Rental affordability at the worst level in 8 years
Surging immigration and fewer people per home has seen rental affordability fall to the lowest level in eight…
Cashback offers for refinancers ‘dropping like flies’
The surge in refinancing as borrowers attempt to combat the Reserve Bank of Australia’s (RBA) hiking cycle is…
Capital city auctions record highest clearance rate in more than a year
The combined capital cities have recorded their highest preliminary auction clearance rate since November 2021, with 75.9 per…
Covid fallout to cause supply shortages for another two years
The impact of COVID-era policies is likely to lead to a lack of housing supply for the next…
Bank of Mum and Dad prepared to give kids $33,000 to buy a home
The bank of Mum and Dad has long been the way many first-home buyers get into the market…
How to apply Grant Cardone’s number 1 rule for success
In a world where success can be elusive and multifaceted, a single rule emerges as the key ingredient…
Rising home prices might see listings increase
If the current growth in home prices continues, listings could increase by two per cent this year, according…
Top takeaways from AREC 2023 – Day 1
More than 4000 real estate professionals packed the Gold Coast Convention and Exhibition Centre yesterday for Day 1…