Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Rising costs forcing renters back into share accommodation
Rising living costs are forcing more people back into share accommodation, as renters continue to get squeezed.
A perfect storm: Australia’s rental crisis – part one
Good, solid housing is a basic human right. It's something everyone needs, yet there are many Australians struggling…
More growth on the cards for The Agency on the Apple Isle
Tasmania is shaping up to be a major player in The Agency’s push to increase its national presence,…
REINSW calls on NSW Government to stop the rental crisis blame game
The Real Estate Institute of NSW has hit out at the State Government’s implication that property managers and…
Queenslanders cop the biggest rent rise in nearly 20 years
Rents have risen sharply across the country over the past 12 months, with Queenslanders being hit with the…
Tough conditions for mortgaged New Zealand investors
Homeowners across New Zealand who own multiple mortgaged properties face tough buying conditions as regulations and higher interest…
Strong growth for northern Gold Coast operator
Peter Catanzariti attributes the growth to the hard work of his talented team who are committed to providing their clients…
Cunninghams expands on the Northern Beaches
Cunninghams Northern Beaches has continued its expansion after merging with the former LJ Hooker Collaroy team.
Property market was a rollercoaster in 2022
From a once-in-a-generation property boom to a clear downturn, Australia’s property market has been a rollercoaster in 2022.
Refinancing burst takes off as rates rise
More Australians are refinancing their home loans at greater rates and for larger amounts on the back of…
Big Four banks quick to pass on interest rate rise
Well, that didn’t take long. Just a few hours after the Reserve Bank lifted the cash rate 25…
Cash rate hits highest point in a decade
The cash rate is now at its highest level since 2012, with the Reserve Bank of Australia (RBA)…
REIV calls on re-elected State Government to act on stamp duty reform
Disappointed that the real estate sector still doesn’t have a dedicated ministerial portfolio, the Real Estate Institute of…
Adelaide and Brisbane to be the strongest performers in 2023
The smaller capital city markets of Adelaide and Brisbane are set to be the top-performing property markets of…
Jarrod O’Neil joins The Agency in WA
One of Western Australia's top real estate agents and recently crowned REIWA Grand Master for 2021/2022, Jarrod O'Neil,…
Auction clearance rates hit a seventh-month high
Auction clearance rates have bounced back to a seventh-month high as vendors are now more prepared to meet…
First-home buyers choosing pets over family
First-home buyers would rather have more space for a pet than be close to their family according to…
New home lending falls to lowest level in three years
New home lending has fallen to the lowest level in three years as industry experts believe it's time…
Ray White SA’s top salesperson opens new business
High performers turn to tech for the edge
Technology continues to play an increasing role in the real estate industry, with more and more high performers…
Auction volumes drop across Sydney in November but sentiment starting to change
Sydney auction volumes have halved compared to this time last year as uncertain vendors have moved across to…
Busiest auction week since June
The combined capital cities have had the busiest auction week since mid-June, with 2506 homes going under the…
Cash rate expected to rise again on Tuesday
The odds of another cash rate rise at this month’s Reserve Bank of Australia (RBA) meeting remain high,…
Vacancy rates hold steady in November
Vacancy rates across the country remain at record low levels, holding steady at 0.8 per cent according to…
‘Job crafting’ the new Harcourts NSW BOM role
Record low rental affordability puts low-income earners under severe rental stress
Surging rents and low vacancy rates are putting an increasing number of households under rental stress, with low-income…
Queensland housing crisis action plan revealed
A multimillion dollar cash injection to help struggling tenants stay in their homes, along with an audit of…
The band is getting back together at RE/MAX
Property values fall for seventh consecutive month
Property values have dropped more than $50,000 since their peak in April according to the latest CoreLogic Home…
Home prices fell in November as rates pressure buyers
Interest rate pressure is contributing to the “downward trend” in home prices, with new data showing values declined…