Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Adelaide land prices climb north of $200,000 for the first time
Adelaide real estate continues to be among the strongest in the country, with the value of land now surpassing $200,000 for the first time.
Ray White NSW | ACT celebrates its 2022 winners
ay White NSW/ACT Chief Executive Officer Andrew McCulloch said the night celebrated an amazing year, and now was…
First-home buyers quietly returning to the market
Despite rising interest rates, first home buyers appear to have passed “peak pessimism” and are slowing returning to…
US home mortgage rates top 6 per cent for the first time since 2008
Mortgage rates in the US have hit their highest level since 2008, as the popular 30-year fixed rate…
Former REA Group CEO Tracey Fellows retires
Former REA Group Chief Executive Officer Tracey Fellows has announced her shock retirement.
First home buyer activity falls below decade average
New PMVA menu serves up office efficiency
Do you need help advertising a property? What about organising inspections or onboarding a new tenant?
Big banks tip cash rate to hit 3 per cent
On the back of the latest Reserve Bank of Australia (RBA) cash rate hike, Australia’s major banks are…
Stars shine at 2022 REIACT awards for excellence
A scroll through Melbourne’s most popular streets
Outer suburb Melbourne McMansions have dominated Victoria’s buyer interest over the last three years according to realestate.com.au.
International buyers return to luxury property markets
With travel restrictions continuing to ease by the day, international buyers have returned to hunting for luxury property…
Rising rates to continue to weigh on property markets: RBA
Rising borrowing costs will likely see property prices fall, however, the magnitude and timing is unclear according to…
Agent hits ground running with morning workout
Real estate sales professional Angela Stergou prepares for the day ahead with a 30-minute workout every morning.
Clearance rate rises as auctions enjoy their busiest week since June
Spring selling season is under way in earnest with this week proving the busiest auction week since June…
Dan Cooper joins Ray White Canberra
Ray White Canberra Chairman Ben Faulks said Dan Cooper will be focused on his sales and auctioneering at…
Building high-quality housing doesn’t make older properties more affordable
Filtering, the process of building new high-quality homes for higher income earners, doesn’t necessarily make older homes more…
Property values fall in 80 per cent of New Zealand suburbs
Property prices across New Zealand continue to soften with values down in more than 80 per cent of…
Rent roll values rise across the eastern states
The median value of a rent roll across Australia’s eastern seaboard has risen to $470,657, new data from…
The pitfalls of buying and selling a rent roll
Buying a rent roll can be risky, but only if you don’t have all the necessary information before…
Busiest winter for new listings in five years
Listings are beginning to pick up across the country, ahead of the typically busy spring season.
Sydney’s Annandale Abbey back on the market for $15 million
One of Australia’s finest heritage homes, Annandale Abbey, is back on the market for $15 million.
Ray White AKG promotes female leadership
The Ray White Avi Khan Group has appointed a series of female leaders in key roles as it…
Andreessen Horowitz officially invests in real estate startup Flow
Venture capital firm Andreessen Horowitz has officially taken a stake in Flow, the real estate startup founded by…
New home sales fall further in August
AI tech that assists agents in qualifying buyers
Buyer management is in the spotlight as the needle shifts on buyers this Spring selling season. The common…
Sydney’s top-performing suburbs over the past year
Despite property prices trending lower across Sydney, there are still a number of suburbs that continue to perform…
REIA: housing affordability drops further
Housing affordability has continued to drop with the proportion of income needed to meet mortgage and rent payments…
Brisbane’s rental crisis putting vulnerable renters at risk
The rental crisis in Brisbane is leaving many vulnerable and low-income earners at risk of homelessness according to…
Top achievers and contributors recognised at Barry Plant Awards
On the 8th of September nearly 800 people gathered at the Palladium Room at Crown Casino to hear…
Big banks increase mortgage rates again
All four major banks have passed on the full 50 basis point interest rate increase, while once again…
Devonport office recognised for outstanding contribution to the LJ Hooker Group
Just three years after opening, LJ Hooker Devonport has taken out the prestigious title of Business Owners of…
Fixed-rate mortgage bomb set to go off
Thousands of borrowers on fixed-interest home loans are facing an interest rate “cliff” and could be plunged into…
$8 million double apartment sale in The Horizon breaks records
A double apartment in Sydney’s The Horizon tower has sold for a record-setting $8 million.
Cloudstaff launches dedicated property division for the Australian market
Cloudstaff, the Australian-headquartered remote staffing platform, has announced the launch of a dedicated division to service the Australian…
