Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
App gets more offers on off-market properties
Launched in Sydney this month, Profound is a marketplace for off-market properties where agents can get access to more offers.
New listings rebound after a quiet April
The number of new listings across the country continues to rise, jumping 12 per cent across the capital…
CBD office occupancy rates rise as workers return
Office workers are flocking back to CBDs across the nation despite Covid and a rising number of flu…
Homeowners and renters facing record levels of financial stress
Financial stress has reached record levels across Australia as homeowners and renters struggle to keep up with the…
Growth across capital cities slowing at
record pace
The annual rate of price growth across Australia's capital cities is slowing at the fastest rate since 1989.
Buyers and renters continue to struggle with housing affordability
Housing affordability has continued to fall with more pain ahead according to the Real Estate Institute of Australia…
Is there a better way to utilise Australia’s 13 million spare bedrooms?
Recently, the Australian Bureau of Statistics (ABS) released its latest Survey of Income and Housing. One interesting piece…
RBA goes ‘hard’ with interest rate jump
Higher than expected inflation has seen the Reserve Bank of Australia lift the cash rate for the second…
Raine & Horne knights Newcastle with CBD office as fast trains beckon
Raine & Horne has added an office in Hunter Street Newcastle as talk of a fast train service…
Australia is the 13th strongest property market in the world
A number of Australia’s major cities have featured in the global list of best-performing housing markets over the…
Raine & Horne Chairman welcomes Blue Mountains tunnel
Long term advocate for a Blue Mountains tunnel, Angus Raine, Executive Chairman, Raine & Horne, has welcomed the confirmation…
Rents and mortgage repayments to keep rising
Rents and mortgage repayments are expected to continue to rise over the next 12 months, putting more pressure…
Lenders have been quick to pass on interest rate hikes
Following the first cash rate hike in over a decade, lenders have been quick to pass on the…
Queensland property market defying the downturn
he Queensland property market is still experiencing 'healthy growth' and is continuing to defy the downturn seen elsewhere,…
RE/MAX has history in Kenmore
One of Australia's most awarded real estate offices, RE/MAX Profile, has relocated to where it all started -…
Knight Frank appoints new Chief Financial Officer
Jamie Harding has been appointed to the position of Chief Financial Controller at Knight Frank.
Annual auction volumes declined in May
After a record volume of auctions were held in the first four months of the year, last month…
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…