Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Auction action: Brisbane agent to hold 15 auctions on one weekend
A Brisbane agent looking to make the most of tight stock levels and an excess of buyers is taking the unusual step of running 15 auctions on one weekend.
RE/MAX ready for growth in 2022
RE/MAX has had a strong start to the year, with plans to open five new offices before the…
Dynamic duo join Ray White at Bondi Junction
Riki Tawhara and Damian Camera have joined forces with Ray White promising clients will have a direct communication…
Regional Victorian house prices achieve record gains
House prices across regional Victoria have had an impressive 12 months of growth, recording the largest annual increase…
WA border delay to keep pressure on housing supply
Western Australia’s housing market will continue to remain tight following the State Government's decision to keep borders closed…
Ray White Surfers auction achieves 80 per cent success rate
Ray White Surfers Paradise Group kicked off the 2022 auction season in style with 80 per cent of…
New auction year kicks off after record December quarter
As predicted, the 2022 auction year has kicked off early, with 448 properties taken to auction nationally this…
LJ Hooker sets a new monthly record of $2.2 billion in sales
Nationally, LJ Hooker achieved $2.2 billion worth of sales in December with NSW smashing through $1 billion plus…
Sales of new detached homes in a ‘super cycle’
Sales of new detached homes increased by 11.3 per cent in December putting the level of demand in…
Kiwis eye-off Australian real estate in greater numbers
New Zealand property seekers have their eyes firmly on the Australian real estate market, outranking the US and…
Two great forces combine at RE/MAX Advanced
Carolyn Drane joins David Wereszczuk at RE/MAX Advanced to double the size of his business.
Fancy your own fairytale castle? It comes with a hefty price tag
A custom-built Gothic castle has hit the market in the United States for an eye-watering price tag of…
Auctioneer of the Year launches agency
Real Estate Institute of Queensland Auctioneer of the Year David Holmes has launched his own auction agency as…
Inner city buyers and townhouse demand to drive property market in 2022
Reverse sea-changers and people moving back to the inner city and into townhouses could be the driving force…
Another lender weighs into the variable rate battle
Lenders might be raising their fixed interest rates, but variable rates continue to be slashed, with ANZ becoming…
Industrial property to outperform in 2022
Industrial property will continue to be a standout performer in the commercial sector while CBD office and retail…
RE/MAX announces key WA appointment
Build-to-rent-to-buy housing to help vulnerable ACT women
A new initiative from the ACT Government aims to help vulnerable and at-risk women get onto the property…
How much does the average real estate employee earn?
The Australian Bureau of Statistics has revealed the average weekly income for employees in the real estate sector.
Residential land value hits $6.6 trillion with further increases tipped
The value of residential land in NSW might have hit $2.67 trillion, but it’s still worth less than…
Central coast home jumps by $4 million in 18 months
A luxury home for sale on the Central Coast has increased in value by $4.5 million in und…
Profit making resales rise despite lockdowns
The rate of profit making resales continued to increase last quarter, overcoming widespread lockdowns in many areas of…
WA skills shortage could lead to an affordability crisis
A new Property Council report has revealed 35 per cent of new apartment developments are on hold across…
Perth’s top 10 suburbs for price growth revealed
The Real Estate Institute of Western Australia (REIWA) has revealed the top 10 Perth suburbs with the greatest…
Value of home loan commitments rises after three months of falls
New loan commitments rose 6.3 per cent according to the latest data from the ABS marking continued strength…
Every New Zealand suburb grew in value in 2021
A new report has highlighted just how strong the New Zealand property market has been, with every suburb…
Top 20 locations where investors can buy with a deposit of $100,000
New research has revealed the top 20 locations that investors can buy into with a deposit of up…
New Belle Property office for Crows Nest
Led by Co-Principals, Mark Jackson and Matthew Smythe, the new Belle Property Crows Nest office will service Crows…
An unremarkable end to a remarkable property year in NZ
A remarkable year for New Zealand’s residential property market came to an unremarkable end, according to property intelligence…
Peak, peaked or peaking? How to read the current property market
Last year’s incredible house price growth drew plenty of media commentary, but there’s one big question many continue…
MRI Software acquires LeaseEagle
Rents hit record highs in most capital cities
The latest data from Domain shows that rents across most capital cities in Australia are now at record…
