INDUSTRY NEWS
-
New suburb approved for Melbourne’s expanding outer north
A major residential development has been approved for Melbourne’s outer north, with the Victorian Government greenlighting the Beveridge North West Precinct Structure Plan. The new suburb will deliver thousands of homes, schools, parks, and local centres as part of a long-term plan to accommodate the city’s growing population.
Read More » -
New Zealand property values flat as market uncertainty persists
National property values in New Zealand edged down by 0.2% in July, with the housing market showing little momentum amid ongoing economic headwinds, according to Cotality NZ’s latest Home Value Index.
Read More » -
Family wallets under pressure: 6% of Aussies helped loved ones with rent or a deposit
Finder report shows the cost of housing is increasingly a shared burden among family members.
Read More » -
One-third of non-homeowners have abandoned their property dreams
A growing number of Australians have given up on the dream of homeownership, with more than a third saying they have no plans to buy a property at all.
Read More » -
Housing market pauses in July but poised for rebound with expected rate cuts
Australia's housing market experienced a significant slowdown in July following the Reserve Bank's decision to hold interest rates, though experts predict this deceleration will be short-lived with anticipated rate cuts on the horizon.
Read More » -
UK house prices rebounded 0.6 per cent last month
UK house prices increased by 0.6 per cent in July following a 0.9 per cent fall in June, signalling renewed strength in the housing market despite economic uncertainties.
Read More » -
Christie’s launches dedicated crypto real estate division as demand for digital property deals grows
Christie’s International Real Estate has launched the industry’s first dedicated crypto property division, allowing luxury homes to be bought and sold entirely in digital currency.
Read More » -
Property values rise across all capitals as housing market strengthens
National dwelling values have increased for the sixth consecutive month, with every capital city recording growth as the housing market continues to strengthen.
Read More » -
Domain shareholders back $3 Billion CoStar takeover
Nearly 100% of eligible shareholders vote in favour of CoStar’s $3 billion acquisition of Domain, paving the way for final court approval this week.
Read More » -
Brisbane overtakes Melbourne as property markets surge nationwide
Australia's property market is experiencing a significant revival with Brisbane overtaking Melbourne to become the nation's second-highest median house price city, reaching a record $1 million for the first time.
Read More » -
Window of opportunity opens for NZ first home buyers
New Zealand's property market is presenting a prime opportunity for first home buyers as housing stock continues to tighten across the country, according to the latest data from realestate.co.nz.
Read More » -
Queensland’s new seller’s disclosure laws kick off today
Queensland’s property market is set for a major shake-up with new statutory Seller’s Disclosure laws coming into effect on 1 August 2025.
Read More » -
“A demolition of regional communities”: new land laws spark alarm in Victoria
Agents warned of potential impact on property rights, land values and buyer confidence as new VicGrid bill draws sharp criticism from farming communities and legal experts.
Read More » -
Mortgage refinancing hits record high in NZ
Refinancing activity hit record highs in June, with more than 3,500 mortgage holders switching banks and nearly $2.5 billion in lending reshuffled, according to new analysis from Cotality NZ.
Read More » -
1 in 4 Aussie households plan to invest in property – despite broader caution
New research from Agile Market Intelligence’s Consumer Pulse survey reveals that property remains the top investment choice for Australian households, even as overall appetite for investing remains subdued.
Read More » -
Real estate agent turnover remains high despite national decline in job mobility
Real estate agents are still changing jobs at one of the highest rates in the country, according to new ABS data, despite a broader slowdown in job mobility across other industries.
Read More » -
US home sales slump as prices reach record highs
Sales of previously owned homes in the United States have fallen to their lowest levels since September last year, while median home prices have simultaneously hit an all-time high.
Read More » -
WA maintains economic dominance for fourth straight quarter
Western Australia has retained its position as Australia's top-performing economy for the fourth consecutive quarter.
Read More » -
Industry calls for tax cuts on housing
The Housing Industry Association (HIA) is calling on Treasurer Jim Chalmers to put housing at the centre of the upcoming Economic Reform Roundtable.
Read More » -
NSW housing pipeline expands with 10,800 new homes
The New South Wales government has declared 30 additional major housing projects as State Significant Development (SSD), potentially adding more than 10,800 new homes to the state's housing pipeline.
Read More » -
Tying the knot versus cutting ties: marriage and divorce trends hint at property market movements
Latest ABS data shows a rise in marriages and a dip in divorces, pointing to shifts in housing demand as newlyweds enter the market and fewer couples split assets.
Read More » -
Commercial property market shifts to larger deals as transaction numbers fall
Australia's commercial property market recorded $59.9 billion in transactions during the 2024/25 financial year, showing a trend toward fewer but larger deals according to new research.
Read More » -
Families paying six-figure premiums for top school catchments
Families are paying premiums of up to $1.3 million for houses in sought-after public school catchment zones in Sydney and Melbourne, though these investments don't always deliver stronger long-term capital growth.
Read More » -
One House One Approval could streamline housing development
The complex approval system for new homes in Australia is hampering housing affordability, with industry leaders calling for a more streamlined approach to address the nation's housing crisis.
Read More » -
The “fortress suburbs” where price pressure hits a wall
In most property markets, rising prices in one suburb tend to push buyers into neighbouring areas offering better value. But not always. A recent analysis by Ray White Group Chief Economist Nerida Conisbee has identified a rare category of suburbs that remain insulated from affordability pressures—so-called “fortress suburbs.”
Read More » -
Capital city property prices rise in unison as market momentum builds
No rate cut - yet - but housing demand and tight supply continue to drive growth across Australia
Read More » -
NZ buyers and sellers finally find common ground on price
New analysis from realestate.co.nz reveals a surprising shift in the property market: sellers across New Zealand are, on average, securing more than their final asking price. It's a sign that buyers and sellers are finally seeing eye to eye.
Read More » -
Retail property has a standout 12 months
Retail property was the surprise standout in Australia’s commercial market this past financial year, with transaction volumes jumping 19.2% in 2024/25, according to new research.
Read More » -
French real estate market shows signs of recovery
The French real estate market is finally rebounding after two and a half years of crisis, with sales increasing and buyer confidence returning amid improved financing conditions.
Read More » -
Capital Gains Tax reform floated as housing supply solution
McKell Institute CGT plan gains momentum as Labor prepares for economic roundtable
Read More » -
Perth leads the nation as fastest selling property market
Australian property sellers can expect their homes to sell in about a month on average, but significant variations exist between capital cities, with Perth emerging as the nation's fastest market.
Read More » -
Queensland’s new property disclosure laws just weeks away
Queensland property sellers will face new mandatory disclosure requirements from August 1, marking the most significant overhaul of the state's property laws in decades.
Read More » -
Dubai leads UAE rental market as JVC emerges as top choice
Rental properties continue to thrive across the United Arab Emirates, with Dubai dominating the market as the most sought-after location for tenants in 2025.
Read More » -
Zillow accuses Compass of ‘Hidden Listing Scheme’ in new court filing
Zillow rejects Compass’ call for an injunction, accusing the brokerage of limiting transparency through private listing tactics.
Read More » -
The overlooked home details that can derail a purchase
Agents are being urged to remind buyers about simple but often forgotten pre-purchase checks that can prevent major issues later.
Read More »