News
The front page of real estate in Australia and New Zealand. All the developments, all the moves, all the stories worth knowing about – organised so you can find what matters to you.
Mortgage rates nearing APRA’s mortgage serviceability buffer
The sharp rise in the official cash rate has seen mortgage rates pushing up towards the Australia Prudential Regulation Authority’s (APRA) mortgage serviceability buffer.
Gwyneth Paltrow’s childhood home on sale for $17.5 million
Academy Award winner Gwyneth Paltrow’s childhood home in Los Angles has hit the market with an asking price…
LJ Hooker opens a new office in one of Brisbane’s most established suburbs
LJ Hooker has further expanded its network in Brisbane opening a new office in the popular riverside suburb…
October clearance rates hit a seven-month high
Auction clearance rates bounced to a seven-month high across the combined capitals and volumes have risen as sellers…
Highest auction clearance rate since late May
Sydney led the charge as the auction market recorded its strongest preliminary clearance rate since late May, with…
Luke Need partners with UrbanX in Townsville
Need Property, founded by respected local Townsville agent Luke Need, has officially entered the market with streamlined, premium…
UrbanX introduces Pery Morrin Property
With the help of UrbanX, elite agents Steve Pery and Toby Morrin have launched Pery Morrin Property to…
Sweetest success for Queensland’s Small Residential Agency of the Year
Sunshine Coast agent Mark McGill is no stranger to winning real estate industry awards, but his latest accolade…
Perth most affordable for first home buyers
Perth is the cheapest location in Australia to buy a home with the outer suburbs representing good value…
The Office fans can experience a night inside Dunder Mifflin
Fans of the US version of The Office will soon get to experience exactly what it would be…
Craig Pontey and Michael Finger move to McGrath
High-profile Double Bay agents, Craig Pontey and Michael Finger have officially moved over to ASX-listed McGrath after 35…
Scheme helps 1 in 7 first time buyers get foot in the door
With rising inflation and interest rate increases, REIA President Hayden Groves said any initiatives to assist Australians of…
Marketing Masterclass: What agents can learn from selling The Block’s House #3
The cultural phenomenon that is The Block took things up a notch this year, heading to the countryside…
REA Group makes the Best Workplaces for Women list
Great Place to Work has today named REA Group on Australia’s Best Workplaces for Women list for 2022.
Interest rates and lending buffer see investors stuck on the sidelines
The rapid increase in interest rates is continuing to weigh on property prices and is making it more…
RBA remains set on taming that troublesome inflation
Reserve Bank of Australia, Governor, Phillip Lowe is set to continue increasing the official cash rate in an…
Australian suburbs where days on market have increased the most
Units in Ballarat Central in Victoria have seen their selling time increase the most in the country, according…
Rising rates cool New Zealand property prices
Rising interest rates are continuing to put pressure on home prices in New Zealand, with the latest data…
RiTA picks up Industry Innovation Award for third consecutive year
RiTA, the AI-powered lead generation assistant for real estate professionals, has been recognised with the Industry Innovation Award…
South Coast local takes over Ray White Ulladulla
South Coast real estate expert, Steven Mason, has added Ray White Ulladulla to his suite of businesses, joining…
The commercial property that’s set to benefit from Federal Budget
The childcare and aged-care sectors are set to receive a boost after the Federal government committed to increasing…
Home price falls stabilise in October
National home prices recorded a small decline in October as values continue to stabilise.
Reserve bank lifts interest rates 0.25 per cent
With inflation at its highest level in more than three decades, the Reserve Bank of Australia has announced…
Major banks tip cash rate will peak at 3.85%
Today's 0.25 per cent increase to the cash rate is less than two of the big banks predicted,…
Century 21 expands in Auckland
Domestic and family violence course to launch in 2023
Real estate agents and property managers will soon be able to complete an online course to help them…
Land sales spike in South East Queensland
Demand for land in South East Queensland remains elevated with sales up to 10 times higher than pre-pandemic…
Young high-flyer smashes expectations with help of Area Specialist
When Stacey Woodfield walked out of school and into an office job at a real estate agency in…
MRI Software enters binding deed to acquire ASX-listed PropTech Group
Technology provider MRI Software has agreed to purchase ASX-listed PropTech Group (PTG.AX) for an estimated value of A$93.4…
Best in Queensland real estate recognised for raising the bar
Real Estate Institute of Queensland Chief Executive Officer Antonia Mercorella commended and praised the awardees for their exceptional…
Why 2021 was the exception, not the rule, in the property market
After a record-setting year for real estate last year, transaction volumes and prices have dropped, however, 2021 should…
Experts predict another cash rate rise from the RBA
There’s likely more pain ahead for borrowers with 97 per cent of experts expecting the RBA to hike…
Commercial connections that last: George Burbury
When Knight Frank agent George Burbury picked up this year’s REIA award for Commercial Salesperson of the Year…