Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
New Zealand the “canary in the coal mine” for Australian property
Australian homeowners can look to New Zealand’s property market as the “canary in the coal mine” to determine what kind of impact rate hikes might have on prices, according to…
Auction activity lifts in lead up to spring selling season
With the official start to the spring selling season just days away, auction activity climbed above the 2000…
Multi-award-winning real estate agency and auctioneer chosen for 2022 House for Life
Real Estate Institute of Queensland Auctioneer of the Year, Justin Nickerson, has been handpicked to auction the 2022…
Hope for NZ home buyers as housing affordability reaches a “turning point”
Housing affordability across New Zealand has reached a “turning point” as falling house prices and growing wages start…
The Agency delivers double digit growth in FY22
A significant increase in the number of properties sold and gross commission income achieved has underpinned The Agency…
Retail property still trying to recover: HTW
The retail sector has had a difficult few years and now faces the headwinds of high inflation according…
Vacant land sales activity continues to slow down: HTW
Vacant land sales continue to slow down across the country following a period of record high demand according…
Balanced approach builds healthy outcomes
Switching off after hours in a demanding profession like real estate can be tough.
Current US housing downturn not like pre-GFC
The current downturn in the US housing market might not be as severe as the 2007-2008 crash that…
Top agent moves to Ray White Lower North Shore Group
Coronis appoints new franchise director Sandy Taylor
TRG names a new director for the Woollahra office
Another new face is walking the floors at The Rubinstein Group, with Eastern Suburbs specialist Mark Lowe named…
Is now a good time to buy a property?
Despite falling home prices and the prospect of a higher cash rate, now might still be the right…
The fastest-selling suburbs across the country
Camden, in Sydney's southwest, is the nation's fastest-selling suburb, with three-bedroom houses snapped up after an average 14…
Australian innovator branches out in US
Australian real estate office outsourcing specialist Property Management Virtual Assistant is expanding its operations into the United States.
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…
