INDUSTRY NEWS
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Canadian housing market shows signs of recovery
The Canadian housing market displayed early signs of recovery in May 2025, with home sales increasing for the first time in six months while prices stabilised after several months of decline.
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Interest rate cuts boost building approvals as RBA meeting looms
Australia’s housing market has received a shot of confidence, with new data from the Australian Bureau of Statistics (ABS) revealing a notable rise in building approvals ahead of the Reserve Bank of Australia’s (RBA) next monetary policy meeting. In seasonally adjusted terms, total dwelling approvals rose by 3.2 per cent in May to 15,212, breaking a downward trend and marking…
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Queensland homeowners foot the bill for government spending
Queensland homeowners and property investors are shouldering an increasing tax burden to fund government expenditure, with property taxes now outstripping mining royalties as the state's largest revenue source.
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Countdown begins for Queensland’s new seller disclosure laws
Big changes are coming to Queensland property sales from 1 August 2025, with new disclosure laws requiring sellers to provide key documents, including a completed Form 2, before a contract can be signed.
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New Zealand property prices flat for 2.5 years as listings cool in winter
The latest data from realestate.co.nz shows the national property market remains steady, with prices flat for 2.5 years.
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UK housing market stabilises after stamp duty surge
The UK housing market is showing signs of stabilisation following a sharp decline in transactions after the end of the stamp duty holiday, with positive indicators suggesting continued resilience in the property sector.
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‘One Approval’ could cut costs and speed up housing supply
The Housing Industry Association is calling for urgent, nationwide planning reform, warning that outdated and inconsistent approval systems are stalling supply, driving up costs, and putting housing affordability further out of reach.
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Jason Pellegrino is slated to be back at Domain’s helm should CoStar’s $3 billion bid be successful
Former Domain chief executive Jason Pellegrino is set to make a comeback, leading the real estate listings platform should CoStar's $3 billion acquisition of the business be approved at the shareholder meeting in August.
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Compass vs Zillow and the fight to control real estate visibility
A landmark legal battle is unfolding in the U.S., pitting two real estate heavyweights, Compass and Zillow, against each other in a fight over who controls how and where listings appear online.
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Property prices push Aussie wealth to eye-watering $17.3 Trillion
New ABS figures reveal the surprising role property still plays in building household wealth, even as super takes a hit and borrowing climbs.
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Resetting the rules: The real estate legal overhaul every agent needs to know
It’s not just a new financial year, it’s a hard reset for real estate rules across Australia. From sweeping rental reforms in New South Wales to new national wage and superannuation benchmarks, and structural tax changes already underway in Victoria, 1 July 2025 marks a line in the sand. For tenants, landlords, strata managers, agents and developers alike, the new…
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Australia’s priciest home: $141.55m for a Barangaroo penthouse in landmark deal
Multimillionaire Yan Zhang has made Australian property history, settling a $141.55 million purchase for the top three floors of Lendlease’s One Sydney Harbour. The landmark deal crowns Barangaroo South as the nation’s new peak of residential prestige — and sets a price per square metre never before seen in Australia.
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Blackstone eyes Australian real estate as part of global growth push
As Australia continues to grapple with housing supply challenges and rising infrastructure demands, global investment giant Blackstone is doubling down on its interest in the local market.
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Gold Coast apartment prices soar to $2.03 million amid supply crisis
The Gold Coast apartment market is experiencing unprecedented growth with average prices hitting a record $2.03 million as supply struggles to keep pace with demand.
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Major lease expiry cliff to test Sydney and Melbourne office markets
A significant wave of office lease expiries is set to challenge Australia's largest CBD markets as tenant preferences evolve amid changing work patterns.
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Rate cuts on the cards as inflation reaches the lowest level since 2021
Australia's inflation rate has eased to its lowest level in over two years, strengthening the case for an interest rate cut in July.
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NSW bets on AI to unclog housing approvals backlog
As NSW rolls out its 2025–26 Budget, one of the most quietly disruptive moves could be its investment in AI-driven planning tools. With housing approvals dragging and supply lagging, councils are trialling systems like DAISY to speed things up — a shift welcomed by REACH Australia & NZ Managing Partner Peter Schravemade. He says AI won’t replace planners but could…
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NSW budget repositions commercial property with $30b infrastructure plan and developer guarantee
The 2025–26 NSW budget lays the groundwork for a decentralised commercial property market, with major infrastructure and planning reform backed by a developer finance guarantee.
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Budget delivers boost for first home buyers, REIQ welcomes reforms
The Real Estate Institute of Queensland has endorsed the LNP Government’s State Budget, citing expanded support for first home buyers through a $165 million shared equity scheme and improved tax relief for foreign-owned housing developments.
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UK house prices show resilience despite stamp duty changes
UK house prices dropped 2.7 per cent in April, the largest monthly decline in almost four years, as stamp duty tax changes impacted the property market.
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Rentvesting could be an option for younger buyers
Rentvesting has become an increasingly viable option for millennials and Gen Z as traditional homeownership becomes less realistic in Australia's capital cities.
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Queensland overtakes WA as Australia’s top investor market
Queensland has emerged as Australia's leading property investor market, overtaking Western Australia with a 24 per cent annual growth in investor loans for the year to March 2025.
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Sydney and Brisbane leading the recovery in 2025
Australia's capital city markets are showing strong signs of recovery with Sydney and Brisbane leading the way as prime investment targets for 2025, according to new research.
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NSW Government unveils new infrastructure delivery pathway for developers
The NSW Government has released a draft guideline allowing developers to build infrastructure instead of paying monetary contributions, potentially accelerating housing delivery across key regions.
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Mortgage stress rises but trust in brokers remains strong
One in three Australian borrowers is experiencing mortgage stress as interest rates and cost-of-living pressures continue to impact households, yet trust in mortgage brokers remains high at 82 per cent.
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Perth leads Australia’s new wave of million-dollar suburbs
Perth is driving Australia's next wave of blue-chip real estate, contributing 22 of just 78 suburbs expected to cross the million-dollar threshold by 2026, despite Sydney still dominating the national landscape with 322 million-dollar suburbs.
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Planning barriers adding months and millions to housing costs
The Housing Industry Association (HIA) has revealed that barriers in the NSW planning system are costing homebuyers millions and adding months to construction timeframes.
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New home loans plummet to lowest level in two decades
Home loans for new builds have fallen to their lowest level in nearly 20 years, highlighting Australia's ongoing housing supply crisis.
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GST in the firing line: What a national tax overhaul could mean for property, pricing and profits
The Albanese government has cracked open the door to meaningful tax reform, and that’s big news for the property sector.
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Sydney soars, Perth nears $1m: Domain tips house prices to keep climbing
Australia’s housing market is set for another year of price growth, with Domain’s latest Price Forecast Report predicting increases across all capital cities — led by renewed momentum in Sydney and Melbourne, and a stabilisation of recent gains in Brisbane, Adelaide, and Perth.
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New Zealand property market shows signs of recovery as sales activity strengthens
New Zealand's property market is showing clear signs of recovery with sales volumes exceeding average levels for the third consecutive month, despite high listing numbers keeping price growth in check.
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London just beat every city on earth for property investment
Over the past decade, London has cemented itself as the undisputed global magnet for commercial property investment, drawing in an astonishing USD $87 billion (approx. AUD $132.5 billion) from private investors, more than any other city in the world.
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Foreign investor exodus threatens Australia’s housing targets
The Housing Industry Association (HIA) has warned that Australia is at risk of missing its target to build 1.2 million new homes over five years unless policies that discourage foreign investment are reversed.
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Auction market rebounds after long weekend disruption
Australia’s auction market showed signs of renewed strength last week, with clearance rates and volumes rebounding after the disruption caused by the King’s Birthday long weekend. The latest figures from Cotality highlight a lift in both activity and success rates across the combined capital cities, led by strong performances in Melbourne and Sydney.
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Former Bath rugby player Iestyn Lewis poised to sell £750m property portfolio
Former Bath rugby player Iestyn Lewis is close to sealing a £750 million (AU$1.4 billion) deal to sell his student housing portfolio—while staying on to manage the assets. The deal marks a major payday for the self-made developer, who launched Rengen from his dining room table in 2006.
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