Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Australia’s top 10 most affordable regional areas
The great Australian dream of owning a home is still alive, with a new report identifying the Top 10 affordable regional areas in the eastern states.
Demand for property still strong despite signs of easing market
The Australian housing market remains strong and demand in Melbourne and Adelaide has hit record highs, despite signs…
Four ways rural agents are leveraging technology
The perks of technology in rural Australia go beyond just posting your property to a major real estate…
Family home sells for $1.4 million with a Realtair timed auction
Live auction service Realtair has been used to sell a Warilla home on the NSW South Coast, with…
Buyers face new problems as supply falls
The real estate market is showing signs of slowing but there are still challenging conditions ahead for buyers…
Housing values fall in Sydney and Melbourne
Property values in Sydney and Melbourne have started to slide, falling as much as 7.2 per cent in…
New Zealand cash rate tipped to rise .5 per cent this week
One of New Zealand’s biggest banks has forecast the country’s reserve bank to lift the official cash rate…
The real estate issues the new Federal Government must tackle
The rental crisis, housing affordability and supply will be among the hot topics in the real estate sector…
Big 4 banks tip interest rates to rise in June
The big four banks have revised their cash rate forecasts, tipping the next tightening cycle to start as…
Market Buy the next step in McGill’s successful career
It’s been a rapid rise to success for former architect Mark McGill who stumbled into real estate after…
Renters lose out in governments’ ‘patchy’ response to the pandemic
Renters were the big losers with the state and territory government's hasty response to the pandemic labelled “patchy”…
Almost 4000 properties go to auction in one of the busiest weeks on record
This week proved the busiest auction week of the year and the sixth busiest since CoreLogic records began…
Unique partnership’s latest development
NAI Harcourts Metro has partnered up with Access Plus WA Deaf where they have created Cue Cards to…
Hobart named fourth-strongest property market in the world
Hobart has been named the fourth-strongest property market in the world, according to the latest Frank Knight Global…
REIA honours the industry’s best at National Awards for Excellence
The winners of REIA's National Awards for Excellence (NAFE) 2022 have been announced with a host of industry…
Home Guarantee Scheme to put upward pressure on property prices
The recently expanded Home Guarantee Scheme announced in the latest Federal Budget could put further upward pressure on…
John McGrath appointed CEO of McGrath
McGrath founder John McGrath has today returned to the helm of the company he started in 1988.
Openn signs pilot agreement with two North American real estate groups
Australian-listed PropTech company Openn Negotiation has announced a pilot agreement with two major North American real estate groups.
Ray White Sutherland Shire expands into Engadine with fifth office
Matt Debreczeni and Gavin Ottaway are proud of their growth in the team and are excited to have…
5 factors that drive success on auction day
With the auction process more popular than ever, a new report has identified five key factors that drive…
New Instagram scam targets top real estate agents
A real estate media coach has warned agents about an online scam targeting the industry aimed at stealing…
Sydney office market returning to normal
The Sydney office market is slowly returning to normal post Covid, with tenants increasingly searching for larger spaces…
Property Council welcomes focus on sustainability and housing supply
The Property Council of Australia has welcomed the NSW Government's decision to progress with sensible improvements to the…
New Zealand house prices continue to soften
New Zealand property prices are growing at a slower rate, with the latest CoreLogic House Price Index (HPI)…
ANZ tips cash rate to rise 10-fold this year
One of Australia’s big four banks has tipped the cash rate will increase four times before the end…
Home loan commitments decline from record highs
The value of new home loan commitments fell 3.7 per cent to $32.3 billion in February after a…
Interest rates on hold but experts tip a rise is coming
The Reserve Bank of Australia has again opted to keep interest rates on hold at 0.1 per cent…
Australia’s smaller capital cities drive property price growth
CoreLogic's latest national home value index shows house prices rose by 0.7 per cent in March, led by…
Local property markets to benefit from green energy push
With the Federal Government pushing the country to be carbon-neutral by 2050, the increase in demand for different…
Property prices tipped to fall next financial year
Researchers have predicted a 5.2 per cent fall in property prices in 2022-23, with low net migration and…
First National strengthens presence in Hills District
Tanmay Goswami will continue as a partner in the First National Westsyde business at Pendle Hill and will…
Local expert opens Ray White Chermside
REIV calls for full sale price disclosure as part of property market review
The Real Institute of Victoria (REIV) has called for full sales price disclosure, standardised residential sales contracts and…
Australia’s house price growth continues to slow
Australian house prices have grown by 0.34 per cent in March, the slowest since March 2020 according to…
Perth sales volumes highest in a decade
Perth sales volumes hit a 12-year high last month and the market shows no sign of slowing down,…