INDUSTRY NEWS
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Super access plan aims to boost home ownership
The Housing Industry Association (HIA) has thrown its support behind a new Coalition proposal that would allow first home buyers to access up to $50,000 of their superannuation to purchase a home.
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Coastal suburbs see dramatic price growth across Australia
Australian coastal property markets have seen exceptional growth over the past five years, with premium locations in capital cities and regional areas experiencing substantial price increases, according to new research.
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Domain’s December 2024 House Price report: insights across Australia’s capital cities
Australia’s property market experienced a mix of resilience and deceleration in the final quarter of 2024.
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Housing industry demands urgent action on supply crisis
The Housing Industry Association (HIA) is pushing for bold action to address Australia's housing crisis, as the country falls significantly short of meeting its housing targets ahead of the 2025 Federal Election.
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TikTok ban looms in the US
The January 19 deadline for the US anticipated ban on TikTok and its China-based owner ByteDance is fast approaching, posing significant challenges for one in six real estate agents who rely on the platform for marketing, according to the National Association of Realtors (NAR).
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Michael Bacon: From country boy to co-director at 26
Michael Bacon's rapid rise in real estate comes down to his self-belief and authenticity, having gone from a small country town to becoming a co-director of Place Kangaroo Point by age 26.
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Underpayment laws you need to know about for 2025
New rules mean underpaying employees – whether it’s forgetting overtime, missing penalty rates, or skipping super – could land employers in serious hot water.
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Rental growth “well and truly passed the peak”
The Australian rental market is showing clear signs of cooling, with national rental growth dropping to just 4.8 per cent in 2024, down significantly from 8.1 per cent in 2023.
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Top Home and AI Tech Innovations from CES 2025
The real estate industry is no stranger to innovation, but the advancements showcased at CES 2025 have taken things to a whole new level. This year’s Consumer Electronics Show was a treasure trove of AI-powered home tools designed to make homes smarter, more efficient, and more personalised than ever before. Here’s a deep dive into the top AI and home…
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Bec Turner: signing 1600 managements in 4.5 years
Discover how Bec Turner, Head of the Growth Team at Ray White AKG, signed 1600 property managements in just 4.5 years. From breaking records to building a high-performing team, learn her secrets to success and balancing work-life flexibility.
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Gen X overtakes Baby Boomers in property wealth, according to KPMG report
Gen X has surpassed Baby Boomers in property wealth, holding an average of $1.31 million in housing assets, highlighting generational shifts in Australia's real estate landscape.
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NZ property market closed 2024 with fresh opportunities despite December lows
The New Zealand property market saw record December lows in 2024, with new listings at a 17-year low and average asking prices returning to 2021 levels.
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New home building activity shows signs of recovery
Building approvals data continue to point to a moderate-pace recovery in 2025
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Calls for RBA to ease interest rates
REIA President, Ms Leanne Pilkington said that while the increase remains modest, the figures add weight to growing calls for the RBA to consider easing interest rates.
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Rent growth slows to lowest rate since 2021
Australia’s rental price growth slows as Sydney and Melbourne rents flatline for six months.
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Consumer confidence kicks off 2025 with a boost
In good news, the ANZ-Roy Morgan Australian Consumer Confidence jumped 3.6pts in the first week of 2025.
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Billionaires retreat from London’s ‘super-prime’ market
London's ultra-prime housing market for multi-millionaire and billionaire buyers dropped by 25% in unit sales in 2024.
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Private equity bets big on UK rental market
In the UK, private capital and pension fund money is flowing into single-family rental homes as demand soars
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Raine & Horne appoints Chris Nicholl as CEO to lead next phase of growth
Raine & Horne starts 2025 on a high, with Chris Nicholl appointed to lead the next phase of growth.
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National home values record first decline in almost two years
After peaking in October and holding steady in November, the December dip also pulled the quarterly change into negative territory, marking a -0.1% drop. This small decline brings an end to a robust period of growth that lasted from February 2023 to October 2024—a period defined by high interest rates, cost-of-living pressures, and reduced borrowing capacity. CoreLogic’s research director, Tim…
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Granny flats take centre stage in SA’s housing market
South Australia’s housing crisis has reshaped homebuyers’ priorities, with granny flats now high on shopping lists.
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Top 50 Australian Residential Real Estate Industry Influencers 2024
What a year it's been for real estate - From AI-powered platforms reshaping the industry to market-shifting policy changes and record-breaking sales, 2024 has delivered more than its share of surprises.
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Industry calls for review of Queensland tenancy laws
Queensland's real estate sector is pushing for a comprehensive review of recent tenancy law changes, with concerns about their impact on the housing market.
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Darwin and Melbourne the top property picks for 2025
A new report has identified some unexpected hotspots, with Darwin and Melbourne leading the way as top investment locations for 2025.
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Sydney’s affordable housing scheme set for major overhaul
The City of Sydney is pushing forward with significant changes to its affordable housing scheme, aimed at dramatically increasing the number of affordable dwellings for low-income households.
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Houses outperform apartments in New Zealand
House prices have shown stronger growth compared to apartments over extended periods, with land value playing a crucial role in the difference, according to new data.
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Victorian tourist town sees surge in property listings but no rentals
The popular Victorian tourist town of Bright is experiencing a big surge in property listings, with 100 homes currently on the market, despite still being in the grips of a housing crisis.
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Government fast-tracks 5,000 new social homes in housing push
The Government has announced an accelerated second round of the Housing Australia Future Fund (HAFF) to deliver 5,000 new social homes in partnership with states and territories.
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Regional divides increase in 2024
The property market is experiencing differences in growth across the country, with some areas showing strong gains while others face declining prices.
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Property prices rise as markets shift
Property prices continue their upward trajectory with the national median house price reaching $1,050,370, marking a 6.2 per cent annual increase according to new data.
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Trump organisation expands its Middle East presence
The Trump Organisation is set to significantly expand its presence in Saudi Arabia with plans for multiple luxury developments, including a new Trump Tower in Riyadh.
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Listings hit multi-year highs despite November slowdown
The market is experiencing its highest November listing levels since 2020, despite a monthly decline in new properties coming to market.
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Confidence rises, but housing supply and construction challenges persist in property sector
The December 2024 Procore/Property Council Industry Sentiment Survey paints a complex picture for Australia’s property industry.
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Blue chip New Zealand property outperforms
New Zealand’s high-end properties and certain regional areas are showing strength and outpacing much of the broader market, according to new data.
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Perth steals the show in a year of resilience
Despite fluctuating interest rates and affordability pressures, Australia’s housing market recorded an 8% increase in sales, reaching 528,000 transactions nationally.
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