Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
South Australian Government to review rental laws
The South Australia State Government has announced an extensive review of the Residential Tenancies Act.
Hunt sisters attain top national ranking
Hunt Property Sisters at RE/MAX Revolution took the top poll position in the ranks of RE/MAX Australia sales…
Cheapest suburbs to buy within 10km of the CBD
As office workers return to their pre-pandemic lives and head back to CBDs, there are still a number…
Falling prices making access to liveable suburbs easier for buyers
Melbourne is now the most affordable city to purchase a house in suburb that is considered “livable” according…
Franchise group appoints head of growth to spearhead expansion
Combined Franchise Services Chief Executive Officer Frank Knez said he was excited to have someone with Sabeen Akbani’s…
Knight Frank opens office in NSW Central Coast
Knight Frank will be the first global real estate consultancy dedicated to providing commercial property services in the area.
Flood toolkit to help NSW real estate industry
The Real Estate Institute of NSW (REINSW) has updated its Disaster and Flood Relief Toolkit to help agencies…
Is the Federal Government’s one million home plan already in jeopardy?
The Housing Industry Association (HIA) has warned the Federal Budget goal of creating one million new homes in…
Prestige property market mixed across the country
The prestige property market has softened on the East Coast but continues to hold up well in the…
Solutions Property Management continues its expansion
Ten Sixty launches in Los Angeles with star-studded event in Hollywood
Australian startup, Ten Sixty the new global short-form video app for real estate officially launched in Southern California…
Leading Kilcoy team expand into Woodford
Ray White Rural Kilcoy have opened the doors to their second office in the next door suburb of…
Real estate agents turn ethics index on its head
The 2022 Governance Institute of Australia Ethics Index has been released and, once again, real estate has ranked…
Market Buy agents score top REIQ awards
Two of Market Buy’s most high-performing agents have received accolades at the Real Estate Institute of Queensland Awards…
Nerida Conisbee: Australia the knockdown nation
In the 12 months to June 2022, there were more houses knocked down in Australia than ever recorded…
Auction activity increasing as the countdown commences to Christmas
Auction activity increased this week and that trend looks set to continue, with CoreLogic tipping there will be…
Canberra’s first electric vehicle apartment development
In a first for Canberra, a new apartment development will include individual Electric Vehicle (EV) chargers for each…
WA Government to extend housing initiative for domestic violence survivors
The WA Government has announced the extension of a program that works with landlords and real estate agents…
Share of homes for sale below $600,000 hits record low
Two years of surging home prices across Australia has seen the portion of homes under $600,000 hit a…
The Agency joins with MDC Trilogy Group to accelerate market share
National real estate group The Agency has entered a strategic alliance with MDC Trilogy Group to accelerate market…
Rachel Maher returns to McGrath as national head of marketing
John McGrath said Rachel Maher was one of the most experienced and talented marketing executives in the industry.
Airbnb co-founder’s new business is building small homes in backyards
Airbnb Co-founder Joe Gebbia has launched a new business focusing on building small homes in backyards.
Buyers taking 9 months longer to buy a home
Buyers are taking more than 9 months longer to purchase a home than they did at the end…
Ease the peak season load with virtual assistants
Property managers already hit by staff shortages need to prepare early for peak rental season or risk driving…
Laing+Simmons training program hits world-class mark
Rising star Brody O’Brien joins Ayre Real Estate
Adrian Wilson, Director and Principal of Ayre Real Estate says Brody O’Brien is one of the real estate…
The world’s first community of 3D-printed homes
A community in Texas is set to be the largest group of homes constructed using 3D printing technology.
Half a house to go under the hammer in Brisbane
“Half a house” in Brisbane, which saw the top floor gutted by fire, is set to go to…
Will an ‘Airbnb bust’ reach Australia?
Short-term rental hosts in the US are reporting significant losses amid fears of an “Airbnb bust” due to…
Profitable resales decline across New Zealand
Profitable resales across New Zealand continued to decline last quarter, dropping to 96.8 per cent according to CoreLogic.
US brokerage Compass posts a $154 million loss
US tech-enabled real estate brokerage Compass posted a US$154 million loss last quarter, as the housing downturn continues…
Covid regional hotspots lead price declines
The Covid boom that saw tens of thousands of people moving to regional Australia has officially come to…
Where it’s cheaper to buy than rent
After the surge in property prices over the past few years, it’s now cheaper to buy than rent…
Who’s more likely to be hit by rising energy costs?
With the continued push to renewable energy and the United Nations Climate Change Summit (COP27) now on, this…