Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
The highlights from AREC 2022 – Day 1
More than 4000 real estate professionals packed the Gold Coast Convention and Exhibition Centre yesterday for Day 1 of AREC 2022.
Preliminary clearance rate rises on the back of auction surge
This week proved the busiest auction week since the pre-Easter spike, with 3229 properties going under the hammer…
Demand for Queensland land driving prices higher in growth corridors
A major shortage of land across South East Queensland’s growth corridors has driven up prices for new lots.
The East Coast’s most affordable and liveable suburbs
Sydney and Melbourne are becoming opportune markets for buyers with a growing list of affordable suburbs according to…
Australian home ownership rates lowest on record
The proportion of Australians who own their own home continues to sit at record low levels, new data…
Experience makes all the difference for Raine & Horne’s Network Manager
Network Manager Celeste Kopps is making a mark on Raine & Horne's office network across NSW.
Auction numbers to bounce back after the Federal Election
Auction volumes are set to rise sharply this weekend following lower volumes last week as a result of…
Innovators join forces: Propps and Agents’Agency strike partnership
PropTech game changer Propps has joined forces with the Agents’Agency to empower the independent real estate network’s agents…
Cost of living pressures the leading concern for Australian voters
The cost of living, healthcare, and housing affordability are top of mind for Australians on the back of…
AI lead generation proves its power in regional areas
Concerns over whether Ai technology could work in regional areas are very common across real estate agencies doing…
Home building to remain at capacity for the next year
Demand for new home building and renovations will remain high until at least June 2023 as many homes…
Busselton is WA’s best performing regional centre in 2022
Busselton was the top-performing regional centre across WA during the March 2022 quarter, with prices increasing 5.5 per…
Demand for industrial space sees vacancy rate hit 10-year low
Industrial and logistics properties across the east coast of Australia are seeing record demand with vacancy rates now…
REIA congratulates incoming Albanese Government
QLD sellers may have to disclose a home’s flood damage history
The flood history of a property in Queensland may need to be disclosed to potential buyers under a…
Demand for Perth CBD office space continues to grow
Demand for office space in Perth continued to rise in the first quarter of 2022 according to new…
NZ shows the first sign of a slowdown as profitable resales fall
The number of properties across New Zealand resold at a profit has fallen slightly in the first quarter…
Rising construction costs to weigh on builders and home buyers: HTW
Rising construction costs are ongoing labour shortages are putting increasing pressure on builders and new home buyers, according…
Perth luxury market ‘gearing up’ for growth
Luxury property market prices in Perth are expected to soar in the second half of 2022, according to…
Tight rental conditions forcing rents higher
Tight rental conditions across the country will likely see rents continue to surge in a number of locations…
Ray White Upper North Shore strengthens its leadership team
One of Ray White's top international businesses, Ray White Upper North Shore, has added two real estate heavy…
Property flipping getting tougher as interest rates and building costs rise
Flipping property has been a solid investment strategy over the past 18 months, however, a leading buyers agent…
Headhunter-style solution for rental applications
Inspect Real Estate has released a new innovation in leasing, and already it's producing results for agents.
Property price growth slows across regional Australia
Property prices across regional Australia are finally starting to show signs of easing after a record run of…
Power couple launch Harcourts Elite Group
Powerhouse couple Faziya Day and Mouzam Ali have realised a decade-long dream with the launch of the brand…
Sales activity starts to slow down across Tasmania
After a record 12 months for real estate sales across Tasmania, new data from the Real Estate Institute…
Who has the better first home buyer policy?
With less than a week until the Federal Election, Ray White chief economist Nerida Conisbee examines the pros…
Sun shines on LJ Hooker’s latest office opening
LJ Hooker has further expanded its network on Queensland’s Sunshine Coast with the opening of LJ Hooker Caloundra…
Strong WA economy to boost the local housing market
The latest State Budget for Western Australia has revealed a healthy local economy which should continue to boost…
Top performer opens doors in Darwin
One of Darwin's highest performing real estate agents, Andrew Harding, has partnered with Australasia's largest property group to…
Rising rents put pressure on desperate tenants
Tenants battling soaring rents and tight vacancy rates have turned to "desperate measures" in the struggle to find…
Auction clearance rate falls for fourth consecutive week
The preliminary clearance rate continues to trend lower after auction volumes rose 38 per cent this week to…
