INDUSTRY NEWS
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Housing costs drive inflation higher as CPI rises 2.8%
Australia’s inflation jumped to 2.8% in July 2025, with rising rents, power bills and building costs driving up housing pressures - putting interest rate cuts further out of reach.
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CoStar completes acquisition of Domain Holdings Australia
CoStar Group completes acquisition of Domain Holdings Australia, expanding its presence in the property marketplace sector.
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HIA Chief Economist says ending LMI will lower home prices over time
HIA Chief Economist Tim Reardon says the Federal Government’s decision to scrap Lenders Mortgage Insurance for first home buyers will push prices up in the short term but ultimately lower rents, boost housing supply, and improve affordability over the next three to six years.
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Capitals reclaim growth lead from regions after nine-month run
Australia’s property race just took a turn. After nine months of regional dominance, the capitals are back in front, edging ahead in growth while the regions still hold the rental crown.
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Sydney ranks third for luxury rental growth
Sydney has emerged as one of the world's hottest luxury rental markets, recording the third highest growth globally for prime residential rents over the past five years, according to new research.
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Pet-friendly workplaces unlikely to solve office vacancy crisis
Despite Australia having more pets than people, bringing furry friends to work is not the silver bullet solution to the nation's office vacancy problem, according to an expert.
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Home sale cancellations hit record high in the US as buyers retreat
Home purchase agreements in the US are falling through at the highest rate in years as buyers grapple with affordability concerns despite a slight increase in overall sales.
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Government pauses code changes to speed up home building
The Albanese Government has moved to ease Australia’s housing crisis by pausing further changes to the National Construction Code until 2029 and fast-tracking approvals for thousands of new homes, in reforms welcomed by industry but criticised as only a first step toward fixing chronic undersupply.
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Puglia emerges as Italy’s new property hotspot
Puglia, the heel of Italy's boot, is rapidly gaining popularity among international property buyers, challenging Tuscany's long-held dominance in the luxury real estate market.
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UK housing market sees strongest July sales since 2020
The UK housing market experienced its busiest July for property sales since the post-lockdown boom of 2020, as sellers adjusted prices to attract buyers in the current economic climate.
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NZ: OCR cuts not over yet
New Zealand’s central bank has cut the Official Cash Rate (OCR) by 0.25 percentage points, and further reductions may be on the way as the economy struggles with weak growth and rising unemployment, according to Cotality NZ Chief Property Economist Kelvin Davidson.
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The great mismatch: smaller households, bigger homes
Australia’s housing market has a size problem. While more than 60 per cent of households are made up of just one or two people, most of the nation’s homes are still built for families. New research from Cotality shows the classic three-bedroom house dominates supply, leaving singles and couples struggling to find smaller, better-fitting options.
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Stamp Duty under fire as top priority for Economic Roundtable
Stamp duty has emerged as a central issue at this week’s Economic Roundtable, with Domain’s Chief of Research and Economics Dr Nicola Powell warning the tax has grown into one of the biggest barriers to home ownership and economic efficiency.
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Interior design boosts property values by up to 120 per cent
Professional interior design is proving to be a significant investment for homeowners, with new data showing designer homes commanding premiums of more than double the price in some Australian suburbs.
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Build-to-Rent pipeline expands as NSW launches affordable housing project on South Coast
Australia’s build-to-rent sector is gaining ground, with fresh government projects rolling out alongside a record national pipeline, even as analysts warn that momentum may start to ease beyond 2025.
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HIA urges red, white and green tape overhaul ahead of Economic Reform Roundtable
Australia’s home building sector is demanding urgent action from policymakers as the federal government’s Economic Reform Roundtable gets underway in Canberra.
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Cameron McIntyre to lead REA Group as new CEO
Cameron McIntyre has been appointed as the new Chief Executive Officer of REA Group Ltd, set to take the top position from November 3, 2025, following the retirement of current CEO Owen Wilson.
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Record migration adds to housing market pressures
Australia’s migration numbers are smashing records, and the housing market is feeling every bit of it. With more than 450,000 new permanent and long-term arrivals in the past financial year, which well above government forecasts, demand for homes is set to stay fierce.
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ASIC review could unlock billions for property investment
The Australian Securities and Investments Commission (ASIC) has launched a targeted review that could potentially boost superannuation fund investment in property assets by billions of dollars.
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New Zealand property resale profits hit a decade low
Property owners in New Zealand are experiencing the lowest rate of resale profits in more than a decade as subdued values and high inventory levels continue to favour buyers in the current market.
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Melbourne office market faces major shift under proposed WFH rules
Victoria’s plan to make working from home a legal right is expected to trigger a major shift in Melbourne’s CBD office market, with new analysis suggesting the changes could reshape demand, rental values and investor strategies across the sector.
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RBA rate cut set to fuel spring property market confidence
The Reserve Bank’s third cut this year is poised to lift market sentiment ahead of the busiest selling season, but experts warn that affordability challenges remain.
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Property boom creates record number of Australian millionaires
Australia now boasts one of the world's highest concentrations of millionaires, with one in ten Australians holding wealth exceeding US$1 million, according to a new report.
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Government eases borrowing constraints for Australians with HECS debt
The federal government has instructed financial regulators to update their guidance on how HELP debts are assessed during mortgage applications, making it easier for Australians with student debt to secure home loans.
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Rate cut expected to boost borrowing power and house prices
The Reserve Bank of Australia is widely expected to cut interest rates this week, increasing borrowing capacity for homebuyers while potentially driving property prices even higher.
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New ACCC rules set to reshape commercial property deals with major supermarkets
Commercial property landlords with major supermarket tenants face significant regulatory changes from January 2026, with new mandatory ACCC notification requirements potentially impacting transaction timelines and costs.
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Slight uptick in auctions hints at stronger spring momentum
Australia’s auction market is showing early signs of renewed energy, with a slight rise in listings this week and even stronger volumes forecast ahead. While winter conditions have kept overall activity subdued, clearance rates are holding steady, and in some cases, bouncing back, indicating growing buyer confidence and market resilience. With nearly 2,000 homes scheduled to go under the hammer…
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New suburb approved for Melbourne’s expanding outer north
A major residential development has been approved for Melbourne’s outer north, with the Victorian Government greenlighting the Beveridge North West Precinct Structure Plan. The new suburb will deliver thousands of homes, schools, parks, and local centres as part of a long-term plan to accommodate the city’s growing population.
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New Zealand property values flat as market uncertainty persists
National property values in New Zealand edged down by 0.2% in July, with the housing market showing little momentum amid ongoing economic headwinds, according to Cotality NZ’s latest Home Value Index.
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Family wallets under pressure: 6% of Aussies helped loved ones with rent or a deposit
Finder report shows the cost of housing is increasingly a shared burden among family members.
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One-third of non-homeowners have abandoned their property dreams
A growing number of Australians have given up on the dream of homeownership, with more than a third saying they have no plans to buy a property at all.
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