Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Annual auction volumes declined in May
After a record volume of auctions were held in the first four months of the year, last month saw an annual decline in listings for the first time since February 2021.
Perth prices rise as the market outperforms Sydney and Melbourne
Home prices across Perth have continued their rise, increasing 0.6 per cent in May according to new data…
Barellan Point is Australia’s top family housing market
Barellan Point in regional Queensland has been named the top housing market for families according to new research.
ANZ revises cash rate prediction on back of strong wages
The ANZ bank has tipped the Reserve Bank of Australia (RBA) will lift the cash rate by 40…
Max Brown appoints new general manager
Max Brown Real Estate Group has appointed Gary Dans as its new General Manager.
Dubbo Council looking to undertake 3D house printing trial
The Dubbo Regional Council is moving forward with a proposed trial of 3D printed houses to potentially help…
Cash poor Australian households look to downsize
After two years where Australians were scrambling for larger homes, a new survey has found one in eight…
Time to get to work on housing plan, says REIA
REIA will today outline the critical success factors and key next steps that must be taken to ensure…
Unprecedented demand for industrial property pushing up prices
Record demand for industrial space has continued to put upward pressure on rents and property values with the…
Widespread fall in New Zealand property prices continues
The downwards momentum in New Zealand residential real estate values continued throughout May with prices falling 0.8 per…
Belle Property expands its Adelaide footprint to West Lakes
Belle Property is making further inroads into the Adelaide market with the opening of its latest office in…
Home prices fell in May as interest rates rose
Home prices across the country fell for the first time since the start of the pandemic just as…
Laing+Simmons Lithgow opens with experienced local team
Under the leadership of high-profile local real estate identity Graham Hodson, a new Laing+Simmons office opens this week…
The highlights from AREC 2022 – Day 2
RBA examines the post-pandemic housing market
Property prices have increased, the construction industry is at capacity, and the average Australian household size has fallen…
DiJones reimagines wellbeing with Sonder partnership
DiJones is unlocking more for its team and their families by partnering with Sonder to provide safety, wellbeing…
OBrien Real Estate opens new office in Ringwood
The OBrien Real Estate name reaches new suburbs with the addition of a new Ringwood office and their…
The highlights from AREC 2022 – Day 1
More than 4000 real estate professionals packed the Gold Coast Convention and Exhibition Centre yesterday for Day 1…
Preliminary clearance rate rises on the back of auction surge
This week proved the busiest auction week since the pre-Easter spike, with 3229 properties going under the hammer…
Demand for Queensland land driving prices higher in growth corridors
A major shortage of land across South East Queensland’s growth corridors has driven up prices for new lots.
The East Coast’s most affordable and liveable suburbs
Sydney and Melbourne are becoming opportune markets for buyers with a growing list of affordable suburbs according to…
Australian home ownership rates lowest on record
The proportion of Australians who own their own home continues to sit at record low levels, new data…
Experience makes all the difference for Raine & Horne’s Network Manager
Network Manager Celeste Kopps is making a mark on Raine & Horne's office network across NSW.
Auction numbers to bounce back after the Federal Election
Auction volumes are set to rise sharply this weekend following lower volumes last week as a result of…
Innovators join forces: Propps and Agents’Agency strike partnership
PropTech game changer Propps has joined forces with the Agents’Agency to empower the independent real estate network’s agents…
Cost of living pressures the leading concern for Australian voters
The cost of living, healthcare, and housing affordability are top of mind for Australians on the back of…
AI lead generation proves its power in regional areas
Concerns over whether Ai technology could work in regional areas are very common across real estate agencies doing…
Home building to remain at capacity for the next year
Demand for new home building and renovations will remain high until at least June 2023 as many homes…
Busselton is WA’s best performing regional centre in 2022
Busselton was the top-performing regional centre across WA during the March 2022 quarter, with prices increasing 5.5 per…
Demand for industrial space sees vacancy rate hit 10-year low
Industrial and logistics properties across the east coast of Australia are seeing record demand with vacancy rates now…
REIA congratulates incoming Albanese Government
QLD sellers may have to disclose a home’s flood damage history
The flood history of a property in Queensland may need to be disclosed to potential buyers under a…
Demand for Perth CBD office space continues to grow
Demand for office space in Perth continued to rise in the first quarter of 2022 according to new…
NZ shows the first sign of a slowdown as profitable resales fall
The number of properties across New Zealand resold at a profit has fallen slightly in the first quarter…