INDUSTRY NEWS
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Reuse over rebuild: why the property industry is rethinking what adds value
A powerful coalition of architects, developers, planners and academics is calling for a national rethink on the way Australia approaches buildings — urging governments, investors and the property sector to prioritise the reuse of existing structures over demolishing and starting again.
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It now costs $2.52 million to buy a luxury home
The entry price for luxury homes in Australia has surged to $2.52 million, marking a dramatic 72 per cent increase from a decade ago when premium properties started at $1.49 million, according to new research.
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Dubai’s digital property play: What Australia’s agents should know
Dubai has made headlines after its first tokenised real estate offering was fully funded within a single day — and it could be a sign of what's next in property investment globally.
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Queensland property market defies expectations with five-year growth
Queensland’s property market has delivered another solid quarter of growth, adding to a five-year stretch that has reshaped the state’s housing landscape and seen prices in some regions double.
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New Zealand property market remains sluggish
Property values across New Zealand edged down slightly in May, with mixed results across the country.
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Residential land prices hit record high amid supply shortages
Residential land prices have surged to a new record high as sales volumes plummet to their lowest level in over two decades, highlighting critical supply constraints in Australia's housing market.
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Builders keep Oz economy standing – but for how long?
Australia’s economic engine is losing steam, but it’s the nation’s builders who are keeping it upright—for now.
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Homeowners stick with banks as internal refinancing hits record high
A record number of Australian homeowners are choosing to refinance their loans with their existing banks rather than switching lenders, with internal refinancing now accounting for more than a third of all mortgage refinances.
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Australian housing market on track for million-dollar medians nationwide
Australia's housing market is experiencing unprecedented growth that could see most capital cities reach million-dollar median house prices by the end of 2026, with Sydney potentially hitting a two-million-dollar median.
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Development site prices soar despite interest rate hikes
Development site prices have risen by more than 75 per cent since 2020 despite sharp interest rate increases, creating significant challenges for housing affordability in Australia, according to new research.
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Australian home prices hit new record as interest rates fall
National home prices have reached a new record high, rising 0.39 per cent in May to mark the fifth consecutive month of growth amid falling interest rates.
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US housing market shifts in favour of buyers
The US housing market has entered a buyer's market phase with nearly 500,000 more sellers than buyers currently active in the market, the largest imbalance on record.
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BresicWhitney acquires top-performing Eastern Suburbs business
The acquisition of The Woollahra Group delivers long-term value and opportunity, with former Principal Randall Kemp also joining BresicWhitney as a shareholder in the business.
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Selling the dream: How travel perks are helping close prestige deals
“More than a home, it’s a passport”: ThirdHome gains ground in Australia and New Zealand luxury markets
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RBNZ cuts rates again
The Reserve Bank of New Zealand has cut the Official Cash Rate (OCR) by 25 basis points to 3.25 per cent, marking its sixth consecutive reduction in the current cycle.
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Auction activity surges ahead of King’s Birthday long weekend
Capital city auction volumes are set to reach their third highest level this year with 2,816 homes scheduled to go under the hammer this week, showing strong momentum before the upcoming long weekend.
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REIWA chief executive Cath Hart steps down after three years
Cath Hart has announced her resignation as chief executive of the Real Estate Institute of Western Australia (REIWA) after three years in the role.
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Energy-Efficient homes prove a hot commodity in 2025, fetching up to 14.5% more
As households contend with escalating living costs and energy bills, new research from Domain reveals that energy-efficient homes are not only delivering day-to-day savings, but also fetching significant price premiums at sale.
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Labor’s super tax could force SMSF property investors to sell
Labor's proposed superannuation tax on balances over $3 million could create significant challenges for Australians holding residential investment properties through their Self-Managed Super Funds (SMSFs), potentially forcing sales and reshaping the property market.
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New home sales surge following interest rate cut
New home sales have jumped to their highest level in 12 months, signalling a potential recovery in the housing construction sector after years of stagnation.
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Houses outperform owner incomes as property market shifts
Australian houses have quietly outperformed their owners' earning capacity over the past year, with property values increasing more than personal incomes in several key markets.
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REIV CEO Kelly Ryan stepping down
The Real Estate Institute of Victoria (REIV) is undergoing significant leadership changes with Chief Executive Officer Kelly Ryan stepping down from her position to pursue personal business interests.
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Australian Airbnb owners on alert as Spain removes 65,000 illegal listings
A landmark court ruling has forced Airbnb to remove tens of thousands of illegal tourist accommodation listings in Spain, leaving Australian short-term rental owners nervous about a potential similar crackdown.
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The hidden costs of poor commercial property management
Commercial property investors who cut corners on management are risking significant financial losses and legal complications, according to industry experts.
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NSW housing reforms showing promise but remain off target
The NSW Government has increased the speed of planning approvals, but remain a long way off meeting housing targets.
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Aussie eye interstate moves as cost-of-living pressures bite
A growing number of Australians are considering packing up and moving interstate, as cost-of-living pressures force workers to reassess where and how they live.
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RBA rate cut drops — what it means for the market
The Reserve Bank of Australia has cut the official cash rate by 25 basis points, bringing it down to 3.8% in a move widely anticipated by economists.
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Western Sydney faces a severe housing shortage as construction lags
Western Sydney is experiencing a critical housing delivery crisis with construction falling dramatically short of what's needed to accommodate projected population growth.
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Is Trump driving house price growth? Auction day clearance rates show increasing momentum
Australia's housing market responds dramatically to global Trump effect, with auction clearance rates hitting 72% in May—the highest since early 2022.
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Home listings spike in the US as cautious buyers keep market in check
The US housing market is showing signs of renewed seller confidence this spring, but buyers remain wary, according to the latest Zillow market report.
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Mark McGoldrick claims the 2025 Auctioneering title
Mark McGoldrick of New Zealand has been crowned the 2025 Australasian Auctioneering Champion at the prestigious AUSTROS competition held in Adelaide this week.
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Why global investors are betting big on our student housing boom
Australia's purpose-built student accommodation (PBSA) sector is expected to continue to draw substantial international investment as the country's universities climb global rankings and international student numbers reach historic highs.
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Finder survey: 88% of economists tip rate cut as housing sector watches closely
A rate cut by the Reserve Bank of Australia (RBA) looks increasingly likely next week, with 88% of economists and experts predicting a decrease, according to the latest Finder RBA Cash Rate Survey.
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Regional Queensland the top spot for families leaving the major cities
Regional Queensland has emerged as Australia's most popular destination for relocating families, with 2.48 families moving in for every one that leaves, according to new research analysing over 41,000 family moves across the country.
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Buyers want quiet streets, formal rooms, and a bedroom for every child: LJ Hooker survey
Personal space, traditional layouts, and community appeal are shaping homebuying decisions in 2025, according to new research from LJ Hooker.
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