Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Biggest January surge in new listings since 2014
Homeowners keen to sell have wasted no time putting their property on the market, with a 55.6 jump in capital city listings since December.
Real Estate Institute of WA appoints new CEO
The Real Estate Institute of Western Australia has announced the appointment of Cath Hart as its new Chief…
Aussie house hunters view property listings at a record rate
Homebuyers are out in force to start 2022, with new data showing views on property listings surged 48.2…
ANZ increases fixed rate home loans up to 0.4 per cent
ANZ has joined it’s big four counterparts in raising fixed rates this year, announcing a hike of up…
Top 10 Perth suburbs tipped for price growth in 2022
Ten Perth suburbs that recorded well below 10 per cent price growth last year have been singled out…
Cost to build a home in New Zealand hits the hip pocket
The cost of building a house in New Zealand has jumped 6.1 per cent in the past year…
Melbourne land prices climb past $350,000 for first time
An average block of land in Melbourne will now set you back $355,000, with prices soaring to a…
Double-digit increase for SA house prices
The strength of South Australia’s property market has been revealed, with data from the Valuer-General indicating median house…
Top markets to watch for price growth in 2022
Price growth is set to accelerate in the family-friendly Melbourne suburb of Hallam and the Western Australia holiday…
Thomas McGlynn appointed CEO of BresicWhitney
Newly appointed Chief Executive Officer of BresicWhitney, Thomas McGlynn, estimates the group will transact $3 billion in sales…
Affordable, inner-city suburbs on top of buyers’ wish list
Buyers are ditching apartments and regional areas in favour of more affordable suburbs and inner-city markets, new data…
REA Group reveals outstanding half-year performance
REA Group has released its half-year financial results with the data reflecting a surge in listings along with…
Smaller capitals lead the auction volume increase
Auction volumes have continued to increase this week, with the smaller capitals leading the charge.
Dwelling approvals rise as timber shortages ease
Dwelling approvals jumped 8.2 per cent in December according to new data, with imported timber helping to ease…
Perth woman buys virtual penthouse in the metaverse
REIA calls for homebuyer help and the creation of property jobs
The Real Estate Institute of Australia (REIA) President Hayden Groves
CBA lifts fixed home loans 0.2 per cent
The Commonwealth Bank has increased interest rates on its fixed home loans by as much as 0.20 per…
Agent sells 236 properties in one year via Market Buy
A top-performing Queensland agent has set a personal record, selling 236 properties in the past 12 months, all…
Greens call for mandatory air conditioning in Victorian rental properties
Leader of The Victorian Greens, Samantha Ratnam has called on the State Government to amend the minimum standards…
Hudson McHugh partners with Raine and Horne Summer Hill
Inner west agency Hudson McHugh has partnered with Raine and Horne Summer Hill
New listings still won’t meet demand in NSW
A flood of new listings set to come to market this month will not be enough to make…
More than 1 million households have never had an RBA rate rise
After more than a decade of easy monetary policy from the RBA, new data shows that over 1.1…
LJ Hooker Group appoints new Head of Marketing
Perth home values skyrocket as rental pressure eases
Perth property prices have skyrocketed in January, as rental market pressure eases
Sydney city and coastal living now ‘overpriced’ in NSW
Big Brother star joins Ray White Pakenham team
Sarah Street joins the team at Highland
Homebuyers could see borrowing power slashed by $169,000
A typical couple could lose as much as $169,000 in borrowing capacity if the RBA hikes interest rates…
Property values start 2022 on the up
The typical Australian home is now worth $131,236 more than it was a year ago with values climbing…
Openn data highlights a market with sustained buyer competition
Online property sales platform Openn has taken a deep dive into their data for the final months of…
The real estate industry to focus on people and sustainability in 2022
After a year that saw both record house price growth and tough conditions, the industry needs to continue…
