Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Distressed property sales could increase next year: HTW
The end of many borrowers' fixed-rate loan term in 2023 is expected to present a significant challenge for real estate values, according to a new report.
Home buyers search for ways to save as rates rise
Home buyers searching for information on interest rate rises exploded in 2022, with new research suggesting thousands of…
Regional home prices hold up better than the capital cities
After booming throughout the pandemic, regional property prices have continued to outperform the capital cities in 2022, driven…
Experienced agents bring wealth of knowledge to new Paradise business
Nick Borrelli and Jason Spagnuolo intend to grow the company and expand into both property management and finance…
Two Toorak records among Victoria’s top sales in 2022
Two state records set in just a matter of days in August topped the list of Victoria's most…
Top agent continues partnership with Ray White
Some of the NSW property sales that wowed us in 2022
There's no doubt Sydney has some of the most luxurious homes in the world and some of the…
New online marketplace looks to match agencies, principals with PropTech startups
A new platform designed to link PropTech startups with agencies and principals seeking to diversify their business or…
REIACT appoints new chief executive officer
The Real Estate Institute of the ACT (REIACT) has appointed Maria Edwards to the CEO role, taking over…
New Zealand property values decline at GFC levels with further falls predicted
Agents taking stock of Australia's deteriorating market conditions should spare a thought for their Kiwi cousins, with values…
Combating Taree’s rental crisis with transitional housing
The rental crisis across Australia is reaching extreme levels, with some of the biggest shortages occurring in regional…
Victorian suburbs top the list for best buying opportunities in 2023
Victoria has topped the list for the most suburbs that offer great buying opportunities in 2023 according to…
Uptick in property listings during November, PropTrack says
New property listings rose during November, according to a new report, with regional areas witnessing the largest increase.
Ray White Glenelg expands business across the coast
Ten Sixty, a new short form video app for real estate – brings on Josh Flagg in advisory role
Australian startup, Ten Sixty the new global short-form video app for real estate announces that top Douglas Elliman…
Purplebricks ads back to “shouting about” low fees, as UK cost of living crisis bites
UK agency Purplebricks says a decision to revive an advertising campaign targeting real estate agent commission is paying…
Queensland’s top sales for 2022
Water views were the order of the day for some of Queensland's top residential property sales this year.
Ayre Real Estate expand into Pyrmont
NSW state government bans rental bidding
The controversial practice of rental auctions is set to be banned in NSW from this Saturday.
A perfect storm: Australia’s rental crisis – part three
In part three of A perfect storm: Australia’s rental crisis we examine two more potential solutions to the issue, including…
A perfect storm: Australia’s rental crisis – part two
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.