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.
NZ vendors achieve record profits
More than 99 per cent of New Zealand vendors sold their property for more than the original purchase price in the three months to September, according to new data.
McGrath on track for stellar half-year
The McGrath Group has released a trading update, indicating the group expects to enjoy net earnings of between…
Home building boom to continue in 2022
Australia’s home building boom is set to continue throughout 2022 despite the cost of labour and materials rising…
Agent numbers surge for Area Specialist
Real estate agency platform, Area Specialist, has had a record couple of months, with 21 agents signing up…
Richard Matthews Real Estate claims local business award
Increasing property prices see stamp duty skyrocket
Property prices have soared throughout the pandemic, as more Australians seek to achieve work/life balance, relocating to lifestyle…
Liz Todd launches boutique agency on the Mornington Peninsula
High-end agent, and well-known member of the Mornington Peninsula community, Liz Todd has taken the next step in…
Market Buy appoints John Hellaby as new CEO
The online offer pioneer, Market Buy, has announced the appointment of John Hellaby as its new Chief Executive…
REA Group completes transaction to sell Hong Kong assets
REA Group has completed a transaction to sell its Squarefoot.com.hk business assets in Hong Kong to 28Hse, a…
Cash or crypto: vendors accepting Bitcoin ‘a natural progression’
A unique sprawling property, including a beach-house, studio and its very own island, has been listed for sale,…
Rexfest Live shares the secret to leveraging digital marketing
Internet users are spending almost two and a half hours on social media every day, according to information…
APRA tells standing committee its role is not to target house prices
The Australian Prudential Regulatory Authority (APRA) has appeared before the Standing Committee on Tax and Revenue, outlining its…
Final countdown before AREAs submissions close
REA Group customers have until midnight Wednesday 17 November to finalise submissions for the Annual REA Excellence Awards…
Rising interest rates won’t burst the property market
Interest rates don’t create property booms or busts, according to new research by the Property Investment Professionals of…
What agents need to tell potential buyers about house flipping
A real estate agent’s reputation is their lifeblood, so it’s critical they give the right advice when it…
Vacancy rates fall across most of NSW, except Inner-City Sydney
Vacancy rates across Sydney and much of New South Wales have dropped this month, while the Inner Ring…
Harcourts partners with RateMyAgent
Harcourts have partnered with RateMyAgent to create benefits for their agents by increasing the volume and reach of…
Vic housing tax – From lockdown to lock out
The Victorian State Government has proposed a Windfall Gains Tax which the Housing Industry Association says will put…
Changes to money laundering laws must consider home buyers, tenants and small business, says REIA
The Real Estate Institute of Australia (REIA) has urged the Inquiry into Australia's anti-money laundering and counter-terrorism financing regime to…
Average NZ home value tops $1 million
Lockdowns have done little to dampen buyer demand in New Zealand where house values have reached a new…
HomeBuilder legacy lives on in record number of houses being built
The legacy of the HomeBuilder initiative lives on, with a record number of houses commencing construction in the…
New listings across the capitals reach highest number on record
New listings across Australia’s capital cities reached a record high in October, with sellers flocking to the market…