Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
The ideal indoor plant to purify air in your workspace
A study has found that houseplants have the capacity to remove 87 per cent of air toxins in 24 hours, giving them the ability to purify the air and brighten up any work-from-home space.
Vacancy rates fall to lowest on record
National vacancy rates have hit their lowest point on record, falling to just 1.1 per cent in February.
Byron Bay luxury property forecast to grow 35 per cent by 2027
The huge increase in demand for luxury homes by ultra-high-net-worth individuals (UHNWI) could see prices in Byron Bay…
Property management re-imagined to stop the exodus
REISA launches Future Leaders Taskforce
The Real Estate Institute of South Australia is looking to empower the next generation of real estate professionals…
REIQ Salesperson of the Year switches to Market Buy
After almost 20 years in the real estate business, and an REIQ Salesperson of the Year award, Plum…
A four-point response plan to flooding crisis: McGrath Paddington
When it became evident clients of the McGrath Paddington, Wilston and New Farm offices would be among those…
Real estate industry comes together to aid flood victims
There are many great things about Australia but perhaps one of the best is how, when the chips…
REIQ and REINSW outline resources for agents and PMs in flood-affected areas
The Real Estate Institute of Queensland is calling on agents and property managers to familiarise themselves with the…
Harcourts Ascot face floods along with clients
It took less than an hour for Harcourts Ascot to go from being one of the most stylish…
Investor loans hit a record high as affordability pressure mounts
Loans to investors jumped 6.1 per cent in January, showing “investors are backing the housing market”.
Perth house prices still the most affordable in the country
While house prices have been rapidly rising across the country, Perth values haven’t kept pace with the East…
The digital difference: how Openn sale generated $58,000 more
Two properties on the same street, with almost identical sizes, layouts, and features sold using different sales methods,…
Ray White Queensland appoints Michael Andrews Chief Operating Officer
After being with Ray White for over 21 years, Michael Andrews has been appointed the Chief Operating Officer…
Interest rates on hold as world watches war in Ukraine
The Reserve Bank of Australia is closely watching the war in Ukraine and has elected to keep interest…
Sydney housing prices drop, Melbourne’s stall
Sydney housing values have fallen for the first time in 18 months, while Melbourne’s remain stalled, in the…
Ryan Serhant to launch a virtual world
Million Dollar Listing New York star and luxury agent Ryan Serhant has announced the launch of his virtual…
Australia facing a housing supply crunch
Australia could be facing a ‘concerning’ housing shortfall of 163,400 homes by 2032 leading to further affordability issues…
BresicWhitney appoints Will Gosse chief operating officer
Will Gosse will play a key role in the agency's growth over the next five to 10 years, as it expands…
The street names that boast the highest prices
Grandview…The Esplanade…The Avenue…some street names just have a nice ring to them. And according to Ray White Chief…
Experts tip cash rate to rise before end of 2022
More monetary policy experts are tipping an interest rate rise before the end of the year, despite not…
Record profits for NZ homeowners
Price growth in New Zealand might be slowing, but homeowners still have plenty to be happy about with…
Landlords missing out on an important tax deduction
Landlords could be missing out on some significant tax deductions over the lifetime of their investment properties, according…
NZ property prices to grow by less than 5 per cent
New Zealand property price growth is likely to dip below five per cent this year as rising interest…
Queenslanders view real estate agents in a positive light
While real estate agents can sometimes get a bad rap, a new survey shows people view agents in…
MoxiWorks acquires Aussie CRM ActivePipe
Leading US-based real estate technology platform, MoxiWorks, has announced the acquisition of the Australian lead nurturing platform ActivePipe.
NSW, Victoria, ACT contain most tenant- friendly suburbs
NSW, Victoria and the ACT contain the most suburbs where rental conditions have changed to favour tenants in…
Victorian housing tax to add thousands to cost of new home
A new Victorian Government housing tax could see the cost of a new home jump $20,000 with first-home…
Entire Old West town for sale
If you’ve ever dreamed of living in the Old West, an entire replica town in Saguache, Colorado has…
Kristen Porter simplifies what employee Vs contractor decision means for real estate
Real estate agencies employing contractors should put contracts in place containing clauses that show someone is running their…
The grass just got a little greener within the Limitless Group
Kirstie Clarke has joined RE/MAX Results and RE/MAX Bayside Properties as Performance and Growth Manager.
Three new board members appointed to RESO
With over 1250 agents registered and 48,000 buyers invited into the platform across Australia and New Zealand and…