Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Highland Double Bay Malouf instigates $34 million sales spree in Sydney’s most exclusive postcodes
There's much commentary about the property market cooling, but Highland Double Bay Malouf has seen demand for top…
Real estate developer builds voice-activated homes in Ghana
A real estate developer in Ghana has taken on the task of building a community of futuristic homes…
Property upswings trump downturns over the past 30 years
Upswings in Australian property have been larger and longer than the subsequent downturns where prices slightly decline or…
One in five ACT landlords plan to sell if rental changes come in
Proposed changes to the Residential Tenancies Act in the ACT could lead to one in five investors selling…
China crisis wipes out $90 billion from developers
Chinese property developers have seen the value of their stocks fall by US$90 billion as the China crisis…
Rent.com.au launches single-tap build-to-rent search functionality
Build-to-rent is set to revolutionise renting in Australia and Rent.com.au is the first portal to build a single-tap…
McGrath posts strong EBITDA result in FY22
Offshore apartment buyers are on their way back
It has been a slow few years for offshore buyer activity in Australia.
WeWork founder looking to take on housing availability
Founder of shared office space provider, WeWork, Adam Neumann is looking to take on the issue of housing…
Home builders to weather the interest rate storm
Home builders are well positioned to handle higher interest rates, believing the events of the past two years…
The value of new loans fell 4.4 per cent in June
The value of new home loans across Australia has fallen 4.4 per cent last month, continuing to soften…
Preliminary clearance rate holds above 60 per cent
The preliminary clearance rate has held above 60 per cent for the second consecutive week, despite an uptick…
TRG names new Commercial Director as the group embraces expansion
Within two months of announcing its plans for expansion, The Rubinstein Group has named Jake Fahd as the…
John Minns reinstated as NSW Property Services Commissioner
In a surprise move from the NSW Government, John Minns has been reinstated as Property Services Commissioner just…
Battle Royale! Harcourts Game of Phones
Huge day of Ray White Commercial auctions
Regional prestige lifestyle areas the first to show weakness
Rampant house price growth in regional lifestyle areas, previously fuelled by Covid lockdowns, has started to turn, with…
The areas where property price growth is still occurring
Despite property values starting to fall in the larger capital cities, there are still multiple locations around the…
Cold, unhealthy rental homes don’t meet international standards
Australian renters are being forced to live in cold, unhealthy homes that aren’t meeting international standards on indoor…
Profitable resales start to fall across New Zealand
Profitable resales across New Zealand have started to fall as interest rates rise and a surge in listings…
AI digital assistant RiTA now integrates with PropTech Group’s Eagle CRM
PropTech Group's Eagle CRM is the newest addition to the list of CRM's digital assistant RiTA plugs into.…
Domain records strong financial year results
Significant growth in Domain’s residential online business, including a 9 per cent jump in listings, has underpinned the…
Luxury property expert Bradley Cocks joins DiJones Southern Highlands
DiJones Southern Highlands has bolstered its ranks with the appointment of Bradley Cocks who has extensive expertise across…
Christine Mikhael appointed CEO of LJ Hooker Group
Ray White trademarks ‘Competition Creators’
Crypto king buys Toorak ghost mansion for $80 million
A mysterious crypto king has splurged a stunning $80 million on an unfinished Toorak mansion, setting a state…
145,000 homeowners would consider selling if rates rise
Over half a million Australian households would struggle to pay their mortgage, with many forced to sell, if…
Holly Jones takes out two top gongs at Ray White international awards
Holly Jones said she loves providing incredible results throughout the selling process and finds helping buyers find their…
Big banks pass on the full 0.5 per cent rate hike
Three of the big four banks have passed on the Reserve Bank of Australia's full August interest rate…
Nerida Conisbee: Why mortgagee sales are rising
Cost of living pressures and mortgage stress has seen the number of mortgagee sales increase according to new…
Free real estate job search website launched
Entry Education has broken new ground with the creation of an innovative job search website designed by property…
Alec Brown named Ray White Australia’s top auctioneer
Top locations for investors with a $100k deposit
Outer city and regional areas are providing the best value for investors with a $100,000 deposit according to…