International
Real estate trends and developments from global markets – what’s happening overseas and why it matters here.
Temporary buyer window opens in slowing Sydney luxury market
Price growth in Sydney’s luxury property market is starting to slow down opening up a ‘temporary window’ to buy according to an expert.
NAR president Tracy Kasper resigns in shock move
The turmoil at the top at the National Association of Realtors (NAR) has continued with president Tracy Kasper…
Raine & Horne acquires New Zealand’s Mike Pero Real Estate network
Australian real estate brand Raine & Horne is expanding its reach after acquiring the nationwide Mike Pero Real…
Step inside Santa’s home with a virtual tour that unveils the magic of Christmas
Surrounded by crisp white snow and adorned with festive lights and mistletoe, Santa’s North Pole cabin isn’t on…
Adam Neumann turns attention to new venture after WeWork collapse
Hot on the heels of the besieged WeWork being forced to file for bankruptcy, founder Adam Neumann has…
The $1.5 million house covered in doodles
Most parents tell their kids not to draw on the walls but for artist Sam Cox, he’s been…
New Zealand property prices continue to recover
Property prices in New Zealand ticked higher last month adding to the recent string of increases suggesting the…
Sydney super prime sales buck the worldwide trend
Rising interest rates have been slowing down the super prime market around the world, however, Sydney has bucked…
US home sellers file another commission lawsuit
Another lawsuit has been filed in the US against the National Association of Realtors (NAR) and major real…
New Zealand rents surged 6.1 per cent in the past year
New Zealand tenants aren't fairing much better than their Australian counterparts, with weekly rents rising 6.1 per cent…
ANZ predicts next New Zealand interest rate move will be a cut
New Zealand interest rates will likely remain on hold until February 2025 at which time they will likely…
Sydney leads global cities in luxury rental growth
Sydney has recorded the highest luxury residential rental growth of 10 global cities measured by Knight Frank in…
NAR seeks a “complete reversal” in US commissions case
The National Association of Realtors (NAR) are set to fight the decision against it in the Sitzer Burnett…
DocuSign and WhatsApp collaboration to streamline property deals
DocuSign has integrated with the world’s most popular messaging platform, WhatsApp, which will enable smoother, faster real estate…
More high-profile departures from NAR after US commission case
National Association of Realtors’ (NAR) staff member Donna Gland has announced her retirement following the CEO's exit, as…
First home buyer demand across New Zealand hits a record high
Despite reduced housing affordability and higher living costs, first home buyers (FHBs) in New Zealand are buying homes…
NAR boss Bob Goldberg announces early retirement
Embattled National Association of Realtors Chief Executive Officer Bob Goldberg has brought forward his retirement.
New Zealand property prices rise for the first time in 18 months
The first signs of a recovery in New Zealand property prices have begun with values increasing 0.4 per…
New brokerages sued after jury rules against agencies in antitrust commissions case
Just minutes after a federal jury ruled the National Association of Realtors and two major real estate companies…
Haunting for a home: Buyers spooked by prices, not ghosts
In a startling revelation this Halloween season, a recent survey from property giant Zillow suggests that a significant…
World’s most expensive home to be worth US$1 billion
Billionaire Ken Griffin is raising the bar on luxury living with plans to build the world’s most expensive…
Private island oasis up for grabs for US$15 million
Many buyers may dream of owning their own private island but it’s not too often one comes on…
3 things you need to know about the US buyer-agent commissions trial
Week one of the Sitzer/Burnett class action lawsuit has drawn to a close, in a case that has…
First-home buyers dominate the NZ market
The number of New Zealand property sales in September were 8 per cent higher than a year ago,…
Home design trends to watch in 2024
Brutalist design elements, Murano glass chandeliers and cold plunge pools are set to transform homes and dominate social…
Anywhere and RE/MAX commit to clear costs in commissions case
Anywhere Real Estate and RE/MAX will require their agents to be clear and transparent about the cost of…
Generative AI tops global CEOs’ investment list
Generative AI is the top investment priority for 70 per cent of company leaders across the globe, according…
Richest US landlords see their wealth surge in 2023
Despite higher interest rates weighing on property prices, the wealth of the richest real estate tycoons in the…
PEXA to strengthen UK expansion with acquisition of Smoove
Digital property exchange platform PEXA is set to acquire UK-based e-conveyancer, Smoove, in a $58.6 million (£30.8 million)…
Supreme Court rejects landlords’ challenge to NY rent law
The US Supreme Court has declined to hear a challenge to New York's rent stabilisation law, dealing a…
US home values are up $2.6 trillion in 12 months
US home prices have bounced back from last year's short-lived downturn with values up $2.6 trillion in the…
Sydney property is overvalued but not at risk of entering a property bubble
Sydney real estate might be overvalued, but it’s not at risk of being in a bubble according to…
Agencies pay millions to settle lawsuit over agent commissions
US-based brokerage RE/MAX has reached a settlement in two class-action lawsuits filed against it over agent commission payments.
Property values rise in one-in-three New Zealand suburbs
Home values have risen in 30 per cent of New Zealand suburbs according to the latest CoreLogic Mapping…
Sydney’s super-prime home sales double
The number of super prime sales above US$10 million have doubled in Sydney, according to the latest Global…