Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 share growth across new and complementary geographical areas.
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…
More choice for buyers as listings rise
The total number of properties for sale is increasing in nearly every part of the country, finally giving…
Switch and save on your business insurance
Real estate agents face many risks, from misleading or deceptive conduct to clients falling over in their office.
Flood-affected property markets to recover within 12 months
Flood-affected property markets are likely to bounce back within 12 months according to an expert.
Bali hotspot Sanur is getting a luxury makeover
One of Bali’s original tourist spots is making a comeback with Sanur undergoing major gentrification and in the…
Young Australians live with their parents to save for a house deposit
The rising cost of living, including a lack of affordable housing, has changed the financial landscape for Australia’s…
NSW and Brisbane hit hard by the housing supply crunch
Inner Brisbane and the western suburbs of Sydney are some of the hardest hit locations of Australia’s housing…
South Australian property remains steady as rates rise
Despite rising “economic uncertainty”, the South Australian property market continues to be the strongest in the country.
McGrath expands into Brisbane’s north
An accomplished team of 10 will be led by principals Alex Porter and Claire McGrath. Tamika Kent, a top-producing…
Queensland’s vacancy rates tighten further
Inner city Brisbane’s vacancy rate has dropped below one per cent for the first time in a decade,…