INDUSTRY NEWS
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Nine in ten Kiwi property owners still making a profit, despite market challenges
Despite a softening property market, the vast majority of New Zealand property sellers are still walking away with solid gains, according to the latest Pain and Gain report from Cotality.
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CPA Australia warns agents: Don’t take tax advice from TikTok ‘finfluencers’
Just in time for tax season, CPA Australia is calling out TikTok “finfluencers” for peddling dodgy deduction advice.
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Property listings plummet as winter chill hits
Property listings across Australia experience a significant decline during winter months as homeowners postpone selling in favour of warmer destinations, according to new research.
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Australian farmland prices set for modest rebound
Australian farmland prices are expected to return to modest growth in the year ahead following a period of contraction.
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Australian property prices set to double by 2030
Property values across Australia could double in many areas by 2030 if current growth trends continue, with some regions facing potential price drops of hundreds of thousands of dollars.
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Rentvestors target Sydney’s Southwest
Liverpool has been ranked the top postcode in New South Wales for sales activity by first-home buyers, according to InfoTrack’s latest quarterly Property Market Update.
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Domain set for $3 Billion takeover by US real estate giant CoStar
Australian property listings platform Domain is set to be acquired by U.S. real estate heavyweight CoStar Group in a landmark deal valuing the company at approximately $3 billion AUD.
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New listings slow down in April
The Australian housing market experienced a slowdown in April, with new listings falling for the second consecutive month amid disruptions from back-to-back long weekends and the Federal Election.
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Queensland rental market tightens further in 2025
Queensland's rental market has started 2025 with even fewer options for tenants as vacancy rates continue to tighten across most of the state.
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NSW planning system reforms to streamline housing development
The NSW Government has passed significant reforms to streamline the planning system and accelerate housing development across the state.
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Brookfield’s US$16B bet: buying big while property crashes
Brookfield Asset Management has raised $5.9 billion (approx. A$9.1 billion) in the first quarter of 2025 for its latest global real estate fund, bringing total commitments to $16 billion (approx. A$24.6 billion). This represents the firm’s largest real estate vehicle to date and comes amid rising investor interest in distressed commercial assets.
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Outer suburbs lead property price growth across Australia
Property prices in Australia's outer suburban areas are significantly outperforming inner-city markets, as buyers seek more affordable housing options amid ongoing affordability challenges.
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Apartment approvals slump as focus shifts to delivery phase
Australia’s housing approvals have taken a hit, with apartment approvals seeing a significant drop in March, as the federal government now turns its attention to the delivery of its ambitious housing targets.
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Investor activity surges nationwide with Victoria lagging behind
Australian investors have ramped up their buying activity to near-decade highs, with Victoria being the notable exception according to new data.
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AUSTROS finalists get set for the Auctioneering Championships
The 2025 Australasian Auctioneering Championships (AUSTROS) will feature novice auctioneers for the first time, marking a significant expansion of the region's premier auctioneering competition.
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Americans must now earn over US$114,000 to afford the median-priced home, Up 70% Since 2019
Buying a home in the United States has become significantly less attainable, with new data revealing that the annual income needed to afford a median-priced property has climbed to $114,000—up from $67,000 in 2019. As mortgage rates remain elevated and prices hold firm, many would-be buyers are being priced out. However, signs of a market shift are emerging, with increased…
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Labor’s housing policies set to drive prices higher before boosting supply
Labor's election victory has put housing affordability at the centre of Australia's political agenda, with policies that experts say will initially drive prices higher before eventually increasing housing supply.
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Slowing inflation could mean a May rate cut is coming
Inflation has officially returned to the Reserve Bank of Australia's target band for the first time in over three years, setting the stage for a potential interest rate cut next month.
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Home prices reach new record high
Australian home prices have hit a new record high in April, with the national median price rising 0.20 per cent to reach $805,000, as regional areas continue to outpace capital cities in growth.
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Kiwi property market defies global trends
Despite ongoing global economic uncertainty, New Zealand’s property market has remained steady in April, with national prices holding firm and stock levels rising, according to the latest figures from realestate.co.nz.
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Premium suburbs lead the wave of knockdowns
Melbourne and Sydney are leading the knockdown and rebuild trend with over 30,000 homes approved for demolition in each city between 2019 and 2024, according to new research.
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Western Australia has the strongest economy but Queensland’s rising
Western Australia has retained its position as Australia's best-performing economy for the second consecutive quarter, while Queensland has climbed to share second place.
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Industry faces critical anti-money laundering compliance deadline
Australia's real estate industry must prepare for significant regulatory changes as the government introduces mandatory anti-money laundering reforms with a fast-approaching deadline.
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Housing taxes and regulations hindering federal affordability measures
State government taxes and regulations are threatening to undermine federal efforts to improve housing affordability.
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Sydney has the most unaffordable electorates
Sydney dominates the nation's housing affordability crisis, with 12 of Australia's 20 most unaffordable electorates located in the harbour city,
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Retirement living reforms could unlock nearly 60,000 homes
Proposed reforms to retirement living policies could release almost 60,000 homes back into the Australian housing market, helping to address the nation's housing crisis.
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Stability amid the storm: Why commercial property remains the safe haven for investors
With policy uncertainty and shifting economic conditions casting a shadow over global markets, commercial property continues to prove itself as a reliable anchor for investors.
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New Zealand housing market finds its feet
New Zealand's housing market has found some stability following recent interest rate cuts, though experts warn there may be pressure ahead from slowing migration and international trade tensions.
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The ultra-rich hideaway you’ve never heard of
A tiny, secretive city in California has become a haven for billionaires and multi-millionaires seeking privacy, exclusivity and sprawling estates hidden behind gates and security guards.
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Easter break sees auction volumes plummet nationwide
Auction volumes dropped dramatically across Australia's capital cities due to the Easter holiday period, with scheduled auctions down 78.1 per cent compared to the previous week.
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PropTrack and Ambient transforming property valuation through noise analysis
PropTrack, has partnered with environmental data mapping experts at Ambient on a new study which details the impact of road, rail and transport noise on property values.
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More pain for tenants as rents re-accelerate
National rental prices have picked up pace in the first quarter of 2025, reversing the slowing trend observed late last year.
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Adelaide joins the million-dollar club
Adelaide has officially joined Australia's million-dollar club, with its median house price reaching $1,000,202 in the March quarter, according to Domain's latest House Price Report.
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Canadian real estate investment in US threatened by political tensions
Growing tensions between the United States and Canada are raising concerns about the future of billions in Canadian real estate investment flowing into American markets.
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US sellers optimistic about housing market despite high interest rates
Most homeowners looking to sell their properties this year are confident they will get their asking price or more, despite challenging market conditions.
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