Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Unique partnership’s latest development
NAI Harcourts Metro has partnered up with Access Plus WA Deaf where they have created Cue Cards to assist in communicating with the hospital’s deaf and hard of hearing patients.
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,…
Australia’s top 10 property powerbrokers
The latest Australian rich list features a host of property powerbrokers whose wealth has skyrocketed in the past…
Auction volumes dip as the market readies for its busiest week of the year
CoreLogic is tipping next week will prove the busiest auction week of the year so far after volumes…
Suburbs most at risk of coastal surges and erosion
Storm surges and coastal erosion has the potential to wipe out $1.47 billion worth of property at Paradise…
First home buyers could turn to rentvesting in Sydney and Melbourne
Priced out of the major cities, first home buyers could choose to rentvest in what’s becoming a more…
Peter Diamantidis expands into St Clair
Domain to buy Realbase as it scales holistic solution for agents
Real estate listings portal Domain has agreed to buy campaign management platform Realbase for $180 million.
Sydney and Melbourne markets swing in favour of buyers
A two-speed Australian property market has started to emerge as demand for real estate in Sydney and Melbourne…
PropertyMe celebrates 5000 clients
PropertyMe has this month secured its 5000 client. Doyle Spillane on Sydney's northern beaches brings a further 30…
New pact to increase women in property ‘tough spots’
A coalition of the property sector's most powerful executives has announced a new initiative designed to ensure women…
Only one-third of WA tenants get their whole bond back
Little more than 30 per cent of Western Australian tenants received their entire bond back at the end…
Amazon Prime announces season 3 of Luxe Listings Sydney
With season 2 of Luxe Listings Sydney set to air on Friday, Amazon Prime has announced season 3…