INDUSTRY NEWS
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Property price growth slows as markets await rate cuts
Momentum is cooling across Australia's major capital housing markets, with monthly gains slowing to 0.4 per cent despite strong annual growth figures.
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Property Prices Keep Rising Despite Market Headwinds
The Australian property market continues to defy expectations, with new Proptrack data revealing unprecedented growth across major cities and regional areas. Despite economic headwinds including higher interest rates and cost-of-living pressures, robust demand and demographic shifts are reshaping traditional market dynamics, particularly in Queensland’s capital. Market Hierarchy Undergoes Historic Shift One of the most significant developments has been Brisbane’s emergence…
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Luxury treehouses become multi-million dollar retreats
Celebrity treehouse builder Pete Nelson is transforming childhood dreams into million-dollar luxury retreats.
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Six skills to win in 2025 according to your accountant
The skills required to succeed in your career and business are changing rapidly as technology and society evolve.
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Queensland leads the nation in housing activity
Queensland has emerged as the frontrunner in residential construction activity, driven by a significant influx of interstate migration and overseas arrivals.
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Top 10 affordable investment hotspots under $500K
New research from Washington Brown, powered by Hotspotting, has uncovered Australia's "bargain" property hotspots.
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Renovations outpace new builds as homeowners opt for upgrades
Homeowners are increasingly choosing to renovate rather than build new homes, with renovation spending now accounting for 40 per cent of total construction expenditure.
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Is a rate cut out for 2024 as inflation holds steady?
Markets now align with a view of rate cuts beginning in May 2025.
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REIV has concerns about Victoria’s new rental reforms
The reforms, part of the Vic Labor Government’s broader housing strategy, aim to address rental market inequalities while balancing the concerns of the real estate industry.
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Sydney suburbs show strong growth potential despite a slowdown
A number of suburbs in Sydney continue to show resilience and growth potential, even with prices slowing down across the city.
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Shared living on the rise
More Australians are turning to shared living arrangements as rental costs continue to soar across the country.
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Capital cities could accommodate three million new homes
New research has identified the potential for more than three million additional strata units to be built across Australia's major cities, offering a potential solution to the housing crisis.
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First home buyers finding creative ways to enter the market despite rising costs
First home buyers are now saving less than half of what they were a year ago as the rising cost of living continues to impact their ability to enter the property market.
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Commercial property market surges as investor confidence returns
Australia's commercial property market has shown resilience in 2024, with average sale prices increasing by seven per cent and transaction volumes on track to exceed $1.4 billion.
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Affordability shifts towards the unit market
A shift towards unit living is gaining steam as house prices continue to surge across Australia's capital cities, according to new research.
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Thomas McGlynn takes the helm at REINSWÂ
The Real Estate Institute of NSW (REINSW) has announced Thomas McGlynn as its President.
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City exodus: four in ten eye a move to regional Australia
Four in ten city residents are now considering a move to regional Australia, as new research reveals mounting pressure on regional communities to keep pace with unprecedented population growth.
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‘Mum and Dad’ investors the key to affordable housing
Small-scale property investors could play a big role in addressing Australia's affordable housing crisis, according to new research.
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NAR’s REACH program crowned top PropTech accelerator
The National Association of Realtors' (NAR) REACH technology growth program has been named PropTech Outlook's 2024 Accelerator of the Year, highlighting its growing influence in real estate innovation.
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New home sales lift as market rebounds
New home sales jumped in October, with an 8.8 per cent increase compared to September, signalling a potential recovery in the housing market.
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REINSW calls for clear expectations in planning reform
The Real Estate Institute of NSW (REINSW) has cautiously welcomed the state government's new Housing Delivery Authority.
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Cathy Freeman and Dom Price to present at Ready25
REA Group has released the first speaker details for Ready25, the biggest property industry event of 2025, set to take place at Royal Randwick in Sydney on 21 August.
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WA real estate industry celebrates excellence at REIWA Awards
Western Australia's real estate industry has recognised its top performers at the prestigious REIWA Awards for Excellence, with 23 awards presented to outstanding agents and agencies.
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Queensland’s best recognised at excellence awards
The Real Estate Institute of Queensland (REIQ) has hosted its largest ever Awards for Excellence, celebrating outstanding achievement across the state's real estate sector.
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Experts worried immigration is overwhelming housing supplyÂ
Australia's leading experts on housing are worried that Australia’s high levels of immigration are hurting housing affordability and making homeownership unobtainable.
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Record property listings across capital cities
Capital city property buyers are being given the most choice in a decade, as new listings hit record levels in October.
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New $900 million fund to boost construction productivity
The Federal Government has announced a significant new initiative aimed at addressing productivity challenges in the building and construction industry.
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Property markets remain resilient despite high rates
Property markets across Australia continue to show remarkable resilience in the face of high interest rates, with several capital cities posting strong growth throughout 2024.
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REA Group Excellence Awards winners announced
REA Group last night celebrated the best of the best in the property industry at its Annual Excellence Awards gala in Melbourne.
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Real estate agencies face hidden risks with overseas freelancers
Cybersecurity experts are warning Australian real estate agencies about the dangers of using overseas freelancers for outsourcing operations.
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Property investors shift focus to high-growth markets
Investment activity is showing strong signs of growth, despite concerns about investors exiting, according to new data.
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Home building recovery underway across Australia except Sydney
A national recovery in home building is gaining momentum, but Sydney continues to lag behind other major markets.
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Buyers told to do their due dilligence this holidays
With the holidays fast approaching, buyers are being told to do their due diligence when it comes to buying properties.
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Boost Your Productivity with Advanced CRM Features: What Sets Top Agents Apart
Maintaining a competitive edge in real estate requires more than just networking and market knowledge; it demands the smart use of technology.
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Young buyers flock to suburbs undergoing urban renewal
Established suburbs that are experiencing urban renewal are becoming increasingly attractive to younger buyers, according to new research.
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