INDUSTRY NEWS
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New home sales lift to highest levels in three years
New detached home sales have reached their highest level in almost three years, with the Housing Industry Association attributing the increase to recent interest rate cuts, strong employment figures and competitive end-of-financial-year builder incentives.
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NZ property sales strengthen while high listings keep prices in check
Property sales activity in New Zealand has continued to strengthen, with volumes holding above average levels for the third consecutive month.
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NSW launches $1 housing designs with 10-day approvals
The NSW Government has released $1 architect-designed housing templates with a ten-day approval process to boost supply and cut planning delays.
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Housing activity picks up pace
Australia’s home building sector is showing signs of life, with new dwelling commencements hitting their highest level in nearly two years. But while momentum is building, industry leaders say more needs to be done to meet long-term housing targets and ease ongoing supply pressures.
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UK government plans to ban ‘Upward-Only’ rent reviews in new commercial leases
The UK government has proposed a major shift in commercial leasing, moving to ban upward-only rent reviews in new leases across England and Wales.
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RBA proposes ban on card surcharges, lower merchant fees: what it could mean for real estate businesses
The Reserve Bank of Australia is proposing sweeping changes to the way card payments are handled in Australia - these changes could directly impact how real estate businesses process transactions, from rent and bond payments to deposits and service fees.
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Renters willing to pay more for energy-efficient homes
Australian renters are open to paying higher rent for energy-efficient features despite facing significant barriers to adoption, according to a new report.
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Modular construction emerges as solution to Australia’s housing cost crisis
Modular construction methods could significantly reduce building costs and timeframes as Australia grapples with ongoing housing affordability challenges, despite a recent cooling in construction inflation.
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UK country house market sees uptick as prices fall
Sales of expensive country houses in the UK are showing signs of recovery as lower prices tempt buyers back to the rural property market after an extended slump.
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The affordable suburbs delivering investors up to $170k gains in one year
Aitkenvale in Townsville emerged as the standout performer among affordable suburbs that delivered investors substantial capital gains over the past 12 months.
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Brisbane officially joins the million dollar club
Brisbane’s median house value has officially topped $1 million, driven by rapid population growth, interstate migration, and tight housing supply, but affordability challenges may now be slowing the pace.
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Household spending shows signs of recovery despite consumer caution
Household spending is gradually improving but the recovery remains fragile as consumers continue to be deliberate with their purchasing decisions.
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NZ rental prices fall again
Rental prices across much of New Zealand are falling, with new figures from realestate.co.nz showing the national average weekly rent dropped to $636 in June 2025, a 2.7% decrease compared to the same time last year.
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US private listings strategy could lead to industry “Armageddon,” warns NextHome CEO
The US real estate industry faces three potential futures as the debate over private listings intensifies, with one path potentially leading to catastrophic consequences for the market, according to a leading industry executive.
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Nearly half of Australian suburbs at record highs as property market upswing broadens
Fresh data from Cotality shows a growing number of suburbs hitting new price peaks, with Queensland and WA leading the rebound.
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Minimum wage falls short across most of EU countries
The minimum wage can’t cover basic living costs in nearly all European Union countries, with only Belgium offering enough for one person to survive.
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Australia’s rental market stalls as affordability pressures peak
After years of rising rents, new data shows Australia's rental market is slowing as affordability pressures force a shift in pace.
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Co-location developments could deliver over 31,000 new homes across London
Co-location developments are gaining serious traction in London, offering a bold solution to the city’s dual housing and industrial land challenges. A new study from Turley reveals just how far the model has come—and what it could mean for the capital’s future.
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Rate cut hopes dashed — what the hold means for real estate now
While markets had all but priced in a cut, the central bank’s decision to hold has left many in the property industry reassessing what’s next. Here's how key real estate voices are interpreting the pause — and what it could mean for the months ahead.
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Everyone wants to be a Queenslander – especially the Blues, says REIQ
As State of Origin rivalry heats up ahead of the decider, Queenslanders won't be surprised to hear they've already scored a massive win - in the enviable lifestyle game.
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US housing market expected to cool in second half of 2025
US home values are projected to decline into next year as inventory rises and affordability challenges persist.
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Is the cost-of-living crisis over? Finder survey reveals expert divide and a growing property class gap
Experts split on end of cost-of-living crisis as mortgage stress falls and property divide grows.
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Units are now outpacing house prices
Apartments are now outperforming houses in the nation's three strongest property markets, driven by a severe undersupply of new units and a development pipeline increasingly focused on luxury projects.
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First home buyers tripped up by ‘genuine savings’ rule
Agents need to be aware that first home buyers are finding their mortgage applications derailed by a little-known lending requirement despite having saved the minimum deposit required by most banks.
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Pet-friendly rentals attract tenants faster
Landlords who welcome pets in their rental properties are finding tenants significantly faster than those who don't.
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One in four Kiwis ‘accidentally’ buy a home, new survey reveals
A new survey has revealed just how quickly curiosity can turn into commitment in New Zealand’s property market. Nearly a quarter of Kiwis admit to buying a home without planning to.
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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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