Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 have been more difficult to contend with.
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…
Sherrie Storor’s Build Your Best Life podcast launches Season 2
Australian entrepreneur Lorna Jane Clarkson will join a host of big-name real estate professionals, including Ewan Morton and…
The Tasmanian market contracts as rates rise
Rising interest rates have started to bite in Tasmania with sales activity contracting.
Clearance rate above 60 per cent for the first time since June
The preliminary clearance rate has topped the 60 per cent mark for the first time in 10 weeks…
Real estate farewells property manager with a big heart
Coronis Director Lia Storer is being remembered as a top property manager with a great sense of humour…
New agents are in for a market shock
The throng of new real estate agents who joined the industry during the recent market boom could be…
Brisbane eastern suburbs expert joins RE/MAX Results
Inflation outstrips rental growth for more than a decade
Inflation has risen at more than twice the rate of weekly rents over the past decade, forcing many…
Why Brett Andreassen makes time for work and play
Setting clear boundaries between work and family time is crucial for high-achieving real estate agent Brett Andreassen.
Record results for BresicWhitney
BresicWhitney posted record results in its 2021/2022 financial report, following the new leadership structure lead by Thomas McGlynn…
LJ Hooker opens two new offices in thriving NSW regional hubs
LJ Hooker have opened two new offices in Bathurst and Griffith as the group continues to expand in…