Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
How city real estate prices affect country areas
A new study has revealed the link between house prices in the coastal regions of NSW and Greater Sydney, shedding light on the factors that drive house price movements in…
Ten Sixty launches in New York with 75 top luxury agents attending
Ten Sixty, the new global short-form video app for real estate, has officially launched in New York alongside…
Listings slide drags on Domain Group profits
The biggest decline in listings in Domain Group's history has resulted in a decline in profits, though revenue…
Cameron Nicholls on why your brand needs to grow with you
It wasn't until he was in the middle of acquiring another agency, and looking at his own brand…
New AI company virtually furnishes listings in a matter of minutes
A new US startup aims to take the time and cost out of staging a listing for advertising,…
RateMyAgent partners with US listing giant
RateMyAgent, Australia’s leading real estate agent review website, has entered into a strategic partnership with Realtor.com, the second-largest…
Listings bounce back from summer slumber
New listing numbers have recovered from their traditional summer dip, though they remain lower than 2022 levels, according…
Cash rate not the reason for rental affordability crisis, Philip Lowe says
RBA Governor Philip Lowe has told a Senate estimates hearing that the central bank's rapid cash rate increases…
New platform allows users to invest in, trade the price movements of real estate
The Parcl Protocol, a new real estate investment platform launched this week, will allow users to trade real…
$100,000 St Kilda garage attracts first-home buyers
A St Kilda garage listed for $100,000, that has the potential to be converted into a small apartment…
Franchisors could be held liable for franchisees breaching workplace laws
In a move that could also have ramifications for the real estate industry, the Fair Work Ombudsman has,…
NAB changes cash rate prediction following RBA meeting
NAB economists now predict the cash rate will peak at 4.1 per cent following RBA Governor Philip Lowe's…
Dynamic duo brings Ray White Rural to Gatton and Laidley
Marcel Jung and Sarah Adams bring Australia's biggest property group to Queensland's Lockyer Valley.
The Adelaide hotspots to watch in 2023
Despite a slight downturn in prices, the Adelaide market remains one of the country's strongest performers, according to…
Ouwens Casserly Real Estate announces partnership with Timms Real Estate
The Timms Real Estate team is joining the Ouwens Casserly family.
Unique collaboration the key to huge Harcourts Auction Festival success
The Harcourts Auction Festival saw 102 properties go under the hammer, with more than 1000 people in attendance.
Award winning principal opens second C21 office
The acquisition of the Day & Grimes agency in Nambour marks Gary De Paoli's second C21 office.
Regional price growth continuing, Domain says
New data from Domain shows that the tree and sea change trend is continuing, with property prices increasing…
Rose Bay mansion sale could match record price
A Rose Bay waterfront mansion is expected to hit the market with expectations of $100 million or more,…
Australia’s banks under intense scrutiny over interest rates
Australia’s banking sector is under the microscope with the big four bank bosses and the Reserve Bank governor…
Nerida Conisbee: China is roaring back
China abandoning its zero COVID-19 policy has resulted in the economy rebounding far faster than expected.
PropertyMe adds tenant payment service to its property management platform
Property management platform PropertyMe has launched a new rental payment service MePay that allows agents to see rental…
Adam Neumann provides more detail on his Flow startup
WeWork founder Adam Neumann has revealed more detail about his new startup Flow, canvassing the potential for future…
Brisbane tenant suing former landlord for $1.2 million
A Brisbane man who claims he sustained serious life-changing injuries when he slipped on a flooded floor is…
Tough market hits listings as REA announces half-year results
REA Group has announced its results for the six months to December 31, with the group reporting a…
REACH Australia launches Proptech listing portal
Venture capital firm and PropTech accelerator, REACH Australia is getting ready to launch a listing portal featuring all…
Block sizes smaller but more expensive
Australian buyers are paying more for less, with a new report from Domain showing the average block size…
Real estate and real-life masterclasses at Barry Plant Kickstart
It was back to the iconic Melbourne Cricket Ground for Melbourne’s iconic real estate brand, Barry Plant, for…
High-performance team opens Ray White Townsville
Townsville business owners Santo and Giovanni Spinella, along with their high-performance team, have joined Ray White as they…
We may not see a property investor comeback in New Zealand for a while yet
Property investors aren't expected to make a return to the New Zealand market any time soon.
Roxanne Paterson expands into Sandgate
Roxanne Paterson announces the opening of her second business in Queensland.
New South Wales the “poster child for failing housing markets”
A new report has found that the country's housing markets are in crisis, with New South Wales deemed…
Openn expands partnership with CoreLogic
Online property sales platform Openn has entered a commercial arrangement with CoreLogic that will see its software further…
MRI Software a step closer to PropTech Group acquisition
MRI PropTech group is edging closer to closing its deal for ASX-listed PropTech Group, with PropTech shareholders voting…
Borrowers look to refinance as rates rise
Refinancing could hit record highs this year following yesterday’s cash rate rise and with another widely predicted in…