Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
New LJ Hooker office opens in booming regional Queensland market
LJ Hooker has further expanded its network along Queensland’s Capricorn Coast with the opening of LJ Hooker Agnes Water.
Sentiment remains high despite softening property prices
Confidence in the real estate market remains high despite slowing growth in property prices, according to a new…
Property Council welcomes easing of COVID close contact settings
The Property Council of Australia has welcomed the NSW Government's decision to end isolation requirements for close contacts,…
The lowest preliminary clearance rate of the year
Despite the ANZAC Day long weekend, 1813 homes were taken to auction across the combined capital cities this…
Rental demand continues to soar as availability falls to lowest level in more than a decade
Near record demand and the lowest level of availability in almost 20 years is propelling a tough rental…
Foreign investment in Australian commercial property doubles
Foreign buyers continue to be active in both buying and selling Australian commercial assets according to a leading…
Perth’s bargain suburbs under $375,000
Despite Perth seeing a strong 12 months of property price growth, it’s still possible to find bargain buys…
New leadership duo for Belle Property Mosman
What’s driving the housing markets: HTW
Demand for residential property remains strong, however, the rate of growth is slowing according to the latest Herron…
First Home Guarantee Scheme might not help all first-time buyers
While the First Home Guarantee Scheme has been expanded to help more first home buyers enter the property…
How property can help Australia become prosperous again
The Property Council of Australia is calling on the next Federal Government to adopt a range of property-related…
How to deliver ‘wow moments’ in a changing market
constraints and weakening consumer sentiment, Exp Australia Director Emily Morgan knows her vendors need more than her knowledge…
Local real estate professional expands to Berrima
One of the Southern Highland's most dynamic sales agents has expanded his business into Berrima with Australia's largest…
Hockingstuart opens new Bundoora office
Hockingstuart has announced the opening of its newest office in Bundoora, led by Principal Tony Nguyen.
Investor lending reaches record high
Lending to investors has hit a record high level, outpacing the last two property booms.
East coast kicks off 2022 with $150B worth of property sales
Despite talk of a softening market, Australia’s love affair with real estate continues, with the latest data from…
Stefon Bertram opens Sydney’s newest premium real estate agency Pello
Pello, a new-model premium real estate agency that focuses on market segment mastery in price points and locations, has…
Confidence in property dips in March
Confidence in Australia's property sector fell slightly in March but remains at historically elevated levels, according to the…
Construction costs rise at the fastest rate in 21 years
The cost to construct a new home is rising at the fastest rate since 2001 putting increased pressure…
Rents continue to rise as supply shortage bites
Rental prices for houses in Australia’s capital cities have hit their highest point on record, with the median…
Low clearance rate due to Easter auction slowdown
The Easter long weekend resulted in the auction slowdown that had been widely predicted, with just 134 properties…
What’s making news: Ryan Serhant, indoor plants, Luxe Listings and the rental crisis
There's never a dull moment when it comes to real estate. And with so much happening it can…
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…
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…