Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 on Thursday November 17, 2022, alongside Jason and Brett Oppenheim and the cast of the hit Netflix series “Selling Sunset.”
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…
Spanish Village with 44 homes hits the market
For anyone dreaming of a quiet life in Spain, a Spanish village could be yours for just $400,488…
Top US real estate agent sells 16 homes every day
Texas real estate agent, Ben Caballero, might be 83 years old, but he’s officially the top sales agent…
RBA rate hikes kick in for variable borrowers
Borrowers with a CBA, NAB and ANZ variable home loan have had a 0.25 per cent interest rate…
First annual decline in Australian home values since October 2019
The value of Australian residential real estate continued to decline in October, down to $9.5 trillion from $9.6…
Auction volumes up 13 per cent
Capital city auction volumes increased almost 13 per cent this week, with 2159 properties going under the hammer…
iBuying platforms falling like dominoes
It hasn’t been a good start to November if you’re an iBuying platform, with Redfin closing its house-flipping…
5 secrets to growing your rent roll
What is the secret to building a successful property management agency?
4 million virtual inspections show changing trends in buying property
More than four million digital property inspections have been undertaken on a leading virtual tours platform over the…