Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Melbourne dominates PropTrack CommBank First Home Buyer Report 2025 hotspots
First-home buyer activity is rising even as affordability hits a three-decade low, with Melbourne emerging as the nation’s biggest hotspot.
Gold Coast overstretched: study finds city 14% beyond ‘ideal size’
The Gold Coast’s booming property market is colliding with population pressures, with a new study finding the city…
Detached house approvals increase as multi-unit approvals decline
Detached house approvals have risen by 0.6 per cent in July 2025, while multi-unit approvals experienced a significant…
Housing market spike following August rate cut
Australia's housing market has responded dramatically to the August interest rate reduction, with national house prices jumping 1.3…
Home prices reach new record high
Australian home prices have climbed to a fresh record high, rising 0.5 per cent in August and marking…
High school students increasingly drawn to real estate careers
Queensland high school students are showing strong interest in real estate careers, with thousands engaging with industry representatives…
Extra bedrooms add hundreds of thousands to Kiwi house prices
New Zealanders are paying big premiums for extra bedrooms, with new data showing national price jumps of up…
HIA forecasts more than one million new homes in five years
Australia is on track to build more than one million new homes in the next five years, with…
Spring set to deliver property market boost as interest rates fall
The Australian property market is poised for its traditional spring revival, with the season historically delivering the strongest…
Housing affordability in New Zealand reaches a six-year high
Housing affordability across New Zealand has improved to its most favourable level since 2019, easing financial pressure on…
Housing costs drive inflation higher as CPI rises 2.8%
Australia’s inflation jumped to 2.8% in July 2025, with rising rents, power bills and building costs driving up…
CoStar completes acquisition of Domain Holdings Australia
CoStar Group completes acquisition of Domain Holdings Australia, expanding its presence in the property marketplace sector.
HIA Chief Economist says ending LMI will lower home prices over time
HIA Chief Economist Tim Reardon says the Federal Government’s decision to scrap Lenders Mortgage Insurance for first home…
Capitals reclaim growth lead from regions after nine-month run
Australia’s property race just took a turn. After nine months of regional dominance, the capitals are back in…
Sydney ranks third for luxury rental growth
Sydney has emerged as one of the world's hottest luxury rental markets, recording the third highest growth globally…
Pet-friendly workplaces unlikely to solve office vacancy crisis
Despite Australia having more pets than people, bringing furry friends to work is not the silver bullet solution…
Home sale cancellations hit record high in the US as buyers retreat
Home purchase agreements in the US are falling through at the highest rate in years as buyers grapple…
Government pauses code changes to speed up home building
The Albanese Government will pause National Construction Code changes until 2029 and speed up housing approvals to boost…
Puglia emerges as Italy’s new property hotspot
Puglia, the heel of Italy's boot, is rapidly gaining popularity among international property buyers, challenging Tuscany's long-held dominance…
It is still cheaper to buy than build – but only just
The gap between house prices and construction costs is narrowing in 2025—unlocking new housing supply opportunities in key…
UK housing market sees strongest July sales since 2020
The UK housing market experienced its busiest July for property sales since the post-lockdown boom of 2020, as…
NZ: OCR cuts not over yet
New Zealand’s central bank has cut the Official Cash Rate (OCR) by 0.25 percentage points, and further reductions…
Real estate industry faces major regulatory shift with 2026 AML reforms
The Australian real estate industry is preparing for significant regulatory changes as the Federal Government confirms the extension…
The great mismatch: smaller households, bigger homes
Australia’s housing market has a size problem. While more than 60 per cent of households are made up…
Stamp Duty under fire as top priority for Economic Roundtable
Stamp duty has emerged as a central issue at this week’s Economic Roundtable, with Domain’s Chief of Research…
Rate cuts benefit different housing markets
Australia's housing market has responded differently to each of the three major interest rate cutting cycles since 2015,…
Interior design boosts property values by up to 120 per cent
Professional interior design is proving to be a significant investment for homeowners, with new data showing designer homes…
Build-to-Rent pipeline expands as NSW launches affordable housing project on South Coast
Australia’s build-to-rent sector is gaining ground, with fresh government projects rolling out alongside a record national pipeline, even…
HIA urges red, white and green tape overhaul ahead of Economic Reform Roundtable
Australia’s home building sector is demanding urgent action from policymakers as the federal government’s Economic Reform Roundtable gets…
Cameron McIntyre to lead REA Group as new CEO
Cameron McIntyre has been appointed as the new Chief Executive Officer of REA Group Ltd, set to take…
Record migration adds to housing market pressures
Australia’s migration numbers are smashing records, and the housing market is feeling every bit of it. With more…
ASIC review could unlock billions for property investment
The Australian Securities and Investments Commission (ASIC) has launched a targeted review that could potentially boost superannuation fund…
New Zealand property resale profits hit a decade low
Property owners in New Zealand are experiencing the lowest rate of resale profits in more than a decade…
Australia losing nearly 23 affordable homes a day
Australia’s affordable housing supply is shrinking at an alarming rate, with new data showing nearly 23 sub-$750,000 homes…
Melbourne office market faces major shift under proposed WFH rules
Victoria’s plan to make working from home a legal right is expected to trigger a major shift in…