INDUSTRY NEWS
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Detached house approvals increase as multi-unit approvals decline
Detached house approvals have risen by 0.6 per cent in July 2025, while multi-unit approvals experienced a significant drop, highlighting ongoing challenges in meeting Australia's housing targets.
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Housing market spike following August rate cut
Australia's housing market has responded dramatically to the August interest rate reduction, with national house prices jumping 1.3 per cent in just one month according to new data.
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Home prices reach new record high
Australian home prices have climbed to a fresh record high, rising 0.5 per cent in August and marking eight consecutive months of growth as the housing market gains momentum.
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High school students increasingly drawn to real estate careers
Queensland high school students are showing strong interest in real estate careers, with thousands engaging with industry representatives at recent career expos across the state.
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Extra bedrooms add hundreds of thousands to Kiwi house prices
New Zealanders are paying big premiums for extra bedrooms, with new data showing national price jumps of up to 43 per cent between three and four-bedroom homes.
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HIA forecasts more than one million new homes in five years
Australia is on track to build more than one million new homes in the next five years, with forecasts lifted on the back of stronger population growth and recent government policy shifts.
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Spring set to deliver property market boost as interest rates fall
The Australian property market is poised for its traditional spring revival, with the season historically delivering the strongest uplift in listings, sales and prices according to new research.
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Housing affordability in New Zealand reaches a six-year high
Housing affordability across New Zealand has improved to its most favourable level since 2019, easing financial pressure on households despite remaining challenges in the rental market.
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Housing costs drive inflation higher as CPI rises 2.8%
Australia’s inflation jumped to 2.8% in July 2025, with rising rents, power bills and building costs driving up housing pressures - putting interest rate cuts further out of reach.
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CoStar completes acquisition of Domain Holdings Australia
CoStar Group completes acquisition of Domain Holdings Australia, expanding its presence in the property marketplace sector.
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HIA Chief Economist says ending LMI will lower home prices over time
HIA Chief Economist Tim Reardon says the Federal Government’s decision to scrap Lenders Mortgage Insurance for first home buyers will push prices up in the short term but ultimately lower rents, boost housing supply, and improve affordability over the next three to six years.
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Capitals reclaim growth lead from regions after nine-month run
Australia’s property race just took a turn. After nine months of regional dominance, the capitals are back in front, edging ahead in growth while the regions still hold the rental crown.
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Sydney ranks third for luxury rental growth
Sydney has emerged as one of the world's hottest luxury rental markets, recording the third highest growth globally for prime residential rents over the past five years, according to new research.
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Pet-friendly workplaces unlikely to solve office vacancy crisis
Despite Australia having more pets than people, bringing furry friends to work is not the silver bullet solution to the nation's office vacancy problem, according to an expert.
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Home sale cancellations hit record high in the US as buyers retreat
Home purchase agreements in the US are falling through at the highest rate in years as buyers grapple with affordability concerns despite a slight increase in overall sales.
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Government pauses code changes to speed up home building
The Albanese Government has moved to ease Australia’s housing crisis by pausing further changes to the National Construction Code until 2029 and fast-tracking approvals for thousands of new homes, in reforms welcomed by industry but criticised as only a first step toward fixing chronic undersupply.
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Puglia emerges as Italy’s new property hotspot
Puglia, the heel of Italy's boot, is rapidly gaining popularity among international property buyers, challenging Tuscany's long-held dominance in the luxury real estate market.
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It is still cheaper to buy than build – but only just
The gap between house prices and construction costs is narrowing in 2025, unlocking new housing supply opportunities in key Australian cities.
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UK housing market sees strongest July sales since 2020
The UK housing market experienced its busiest July for property sales since the post-lockdown boom of 2020, as sellers adjusted prices to attract buyers in the current economic climate.
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NZ: OCR cuts not over yet
New Zealand’s central bank has cut the Official Cash Rate (OCR) by 0.25 percentage points, and further reductions may be on the way as the economy struggles with weak growth and rising unemployment, according to Cotality NZ Chief Property Economist Kelvin Davidson.
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Real estate industry faces major regulatory shift with 2026 AML reforms
The Australian real estate industry is preparing for significant regulatory changes as the Federal Government confirms the extension of anti-money laundering legislation to property professionals from July 2026.
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The great mismatch: smaller households, bigger homes
Australia’s housing market has a size problem. While more than 60 per cent of households are made up of just one or two people, most of the nation’s homes are still built for families. New research from Cotality shows the classic three-bedroom house dominates supply, leaving singles and couples struggling to find smaller, better-fitting options.
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Stamp Duty under fire as top priority for Economic Roundtable
Stamp duty has emerged as a central issue at this week’s Economic Roundtable, with Domain’s Chief of Research and Economics Dr Nicola Powell warning the tax has grown into one of the biggest barriers to home ownership and economic efficiency.
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Rate cuts benefit different housing markets
Australia's housing market has responded differently to each of the three major interest rate cutting cycles since 2015, according to new research.
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Interior design boosts property values by up to 120 per cent
Professional interior design is proving to be a significant investment for homeowners, with new data showing designer homes commanding premiums of more than double the price in some Australian suburbs.
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Build-to-Rent pipeline expands as NSW launches affordable housing project on South Coast
Australia’s build-to-rent sector is gaining ground, with fresh government projects rolling out alongside a record national pipeline, even as analysts warn that momentum may start to ease beyond 2025.
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HIA urges red, white and green tape overhaul ahead of Economic Reform Roundtable
Australia’s home building sector is demanding urgent action from policymakers as the federal government’s Economic Reform Roundtable gets underway in Canberra.
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Cameron McIntyre to lead REA Group as new CEO
Cameron McIntyre has been appointed as the new Chief Executive Officer of REA Group Ltd, set to take the top position from November 3, 2025, following the retirement of current CEO Owen Wilson.
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Record migration adds to housing market pressures
Australia’s migration numbers are smashing records, and the housing market is feeling every bit of it. With more than 450,000 new permanent and long-term arrivals in the past financial year, which well above government forecasts, demand for homes is set to stay fierce.
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ASIC review could unlock billions for property investment
The Australian Securities and Investments Commission (ASIC) has launched a targeted review that could potentially boost superannuation fund investment in property assets by billions of dollars.
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New Zealand property resale profits hit a decade low
Property owners in New Zealand are experiencing the lowest rate of resale profits in more than a decade as subdued values and high inventory levels continue to favour buyers in the current market.
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Australia losing nearly 23 affordable homes a day
Australia’s affordable housing supply is shrinking at an alarming rate, with new data showing nearly 23 sub-$750,000 homes disappearing from capital city markets every day. Fresh analysis from Ray White Chief Economist Nerida Conisbee reveals that while affordable unit numbers are rising slightly, they’re nowhere near enough to offset the steep and sustained losses in houses.
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Melbourne office market faces major shift under proposed WFH rules
Victoria’s plan to make working from home a legal right is expected to trigger a major shift in Melbourne’s CBD office market, with new analysis suggesting the changes could reshape demand, rental values and investor strategies across the sector.
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RBA rate cut set to fuel spring property market confidence
The Reserve Bank’s third cut this year is poised to lift market sentiment ahead of the busiest selling season, but experts warn that affordability challenges remain.
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Property boom creates record number of Australian millionaires
Australia now boasts one of the world's highest concentrations of millionaires, with one in ten Australians holding wealth exceeding US$1 million, according to a new report.
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