INDUSTRY NEWS
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Proptech Labs acquires reHeroes to enhance AI-driven PM solutions
Proptech Labs, a leader in AI first technology solutions for property management, has acquired reHeroes, a prominent innovator in the property management space.
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Australia’s very own UFO house is out of this world
If you’re looking for a home that’s light years ahead of the rest of the competition, this UFO-shaped Sydney property is truly out of this world.
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View Media’s high-profile appointments set to bolster growth
Antony Catalano’s View Media Group has announced a host of high-profile appointments as the listing platform gets set for its next phase of growth.
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Record-setting rebrand to Harcourts
In one of the biggest rebrand moves in recent history, an esteemed Queensland-based real estate group of multiple franchises has rebranded into blue as Harcourts Property Hub.
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Inflation figures spell longer rate pause not a rate rise
The final hurdle in the fight against inflation may be proving a difficult one to jump, but it should not lead to an interest rate rise in June, according to experts.
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Christine Mikhael to sleep rough to help combat homelessness
On June 20, Christine Mikhael will spend a cold night sleeping outdoors in a bid to raise funds and awareness for the 122,000 Australians that are homeless.
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Herron Todd White: Buyers tipping rate cuts drive activity
The expectation that interest rates were set to fall was behind this year's uptick in activity according to the latest Herron Todd White (HTW) Month in Review.
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Harcourts to make it cool to be at school
The Harcourts Foundation has teamed up with Inspirational Women as part of an international campaign to support Fijian children in need.
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NZ mortgage rates rise, first home grants scrapped
Given the scrapping of first home grants (deposit assistance) and the strong indication from the latest Monetary Policy Statement that mortgage rates are set to be "higher for longer", there’s bound to be a continued focus on the general property lending environment and, in particular, how easy or hard it is to access lower deposit finance.
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Realestate.com.au launches new and improved Audience Maximiser
Realestate.com.au has relaunched its audience extension product, Audience Maximiser, placing more control in the hands of agents.
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Master the art of listening: How top agents turn leads into listings
Listening is the number one skill real estate agents need to convert leads into clients, according to top US real estate coach Bernice Ross.
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The number of affordable rentals hits a record low
The number of affordable rentals continues to decline across the country making life incredibly tough for renters.
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New affordability filter for realestate.com.au to help ease rental pressures
Realestate.com.au has launched a new affordability filter to help renters to find more affordable homes.
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Regional values and rents hit new record highs
Regional Australia has started to see activity heating up, with both dwelling values and rents picking up pace over the past three months according to new data.
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Sydney prime rents grow at the fastest pace in the world
Sydney prime rents grew nearly 20 per cent in the past 12 months, three times the rate of the next closest major international city according to new data.
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Top takeaways from AREC24 – Day 2
Five thousand real estate once again filled the Gold Coast Convention and Exhibition Centre for Day 2 of AREC24, where the high energy message was also about confidence, mindset and how to get your clients to love your brand.
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Affordable Sydney suburbs to see strongest price growth
Properties in the most affordable suburbs of Sydney are likely to be the best performers in the next six months according to a new report.
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REIWA rallies support for its annual Sleeping Bag Appeal
The Real Estate Institute of Western Australia (REIWA) is preparing to bring some warmth and comfort to those sleeping rough this winter on the back of their annual Sleeping Bag Appeal.
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Top takeaways from AREC 2024 – Day 1
Almost 5000 real estate professionals packed the Gold Coast Convention and Exhibition Centre for Day 1 of AREC 2024. This year’s headline speakers were the two Ryans - Hollywood actor, producer and entrepreneur Ryan Reynolds and world renowned real estate broker Ryan Serhant.
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New listings are on the rise, especially in Victoria
New listings are starting to flow back onto the market, with Melbourne and regional Victoria leading the charge.
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Bunbury property prices lead the charge in WA
Bunbury, Western Australia’s third-largest city, is the strongest regional market in the state with house prices up 5.9 per cent in three months.
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Melbourne and Sydney named as top international cities
Melbourne and Sydney have been named amongst the best in the world according to a new index of leading international cities.
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Victoria likely to lose 5000 rental properties
Victoria is on the cusp of an ‘investor exodus’, with the state projected to lose 5,000 rental properties in the next 12 months.
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First National celebrate their top performers
First National Real Estate has handed out its General Excellence and Marketing Awards at the network’s National Convention, at Malaysia’s Grand Hyatt in Kuala Lumpur.
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From crisis to champion: Lachy Cameron’s record-breaking run for mental health awareness
Katrina Tarrant only took up running in January but she’s already helped her son Lachy Cameron raise $33,000 for mental health awareness.
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Stunning tree-top mansion in the Daintree Rainforest hits the market
A stunning three-storey timber and glass mansion nestled amongst the trees on 2.5 secluded acres in the Daintree Rainforest has hit the market with an asking price of $1.65 million.
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Kolmeo now integrates with Snug
Property management software provider Kolmeo now integrates with leading applications and leasing management solution, Snug.
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CBA partners with Coposit to simplify off-the-plan home buying
The Commonwealth Bank of Australia’s Business Bank has agreed to accept pre-sale contracts secured through Coposit, a PropTech platform that gives buyers a chance to buy off-the-plan homes sooner than if they had to save a full, lump sum, deposit.
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Overseas buyers still targeting Australian property
Foreign buyers remain focused on Australian property, with new data showing search volumes to rent and buy have risen over the past 12 months.
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Separation Creek holiday home named HIA’s Home of the Year
A stunning holiday home, nestled on a sharp slope with views across Bass Straight at Separation Creek on the Great Ocean Road has been named the HIA-CSR Australian Home of the Year.
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Lenders must do more for borrowers in hardship
Lenders are not doing enough to help borrowers who are in financial difficulty and want to access a bank’s hardship provisions.
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NSW vacancy rates ease ever so slightly
Vacancy rates eased slightly across many areas of New South Wales last month, but the Real Estate Institute of NSW has cautioned against celebrating the April figures.
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