INDUSTRY NEWS
-
Auction market rebounds after long weekend disruption
Australia’s auction market showed signs of renewed strength last week, with clearance rates and volumes rebounding after the disruption caused by the King’s Birthday long weekend. The latest figures from Cotality highlight a lift in both activity and success rates across the combined capital cities, led by strong performances in Melbourne and Sydney.
Read More » -
Former Bath rugby player Iestyn Lewis poised to sell £750m property portfolio
Former Bath rugby player Iestyn Lewis is close to sealing a £750 million (AU$1.4 billion) deal to sell his student housing portfolio—while staying on to manage the assets. The deal marks a major payday for the self-made developer, who launched Rengen from his dining room table in 2006.
Read More » -
Unions NSW pushes for Airbnb levy to fund essential worker housing amid rental supply strain
Unions NSW is calling on the NSW Government to introduce a levy on short-term rental platforms like Airbnb, following the release of a parliamentary report that warns of a growing housing crisis for essential workers.
Read More » -
Brisbane homebuyers face $350,000 budget shortfall
Inner-city Brisbane homebuyers are facing a stark reality check with new research revealing a $350,000 gap between what they can afford and what's available on the market.
Read More » -
NSW rental market remains in crisis as reforms take effect
The residential rental market in New South Wales continues to face severe challenges with vacancy rates hovering at historically low levels, signaling an ongoing crisis for tenants across the state.
Read More » -
Rate cuts back on the table: what Westpac’s surprise forecast means for real estate
After months of market uncertainty, real estate agents may finally have a new talking point for buyers on the fence. In a move that caught many by surprise, Westpac has doubled its rate cut forecast, offering a glimmer of relief for mortgage holders.
Read More » -
India’s infrastructure investment boom reaches new heights
India is experiencing a significant surge in infrastructure investment across real estate, renewables, and roads sectors, with nearly ₹17.5 lakh crore expected to be deployed over the current fiscal year and the next.
Read More » -
NSW introduces landmark affordable housing reforms
The NSW government is implementing sweeping reforms to regulate affordable housing across the state, addressing significant loopholes in the current system.
Read More » -
Property listings rise in May but remain below last year’s levels
New property listings across Australia increased 7.6 per cent in May compared to April, as the market rebounded following the Easter and Anzac Day holiday period,
Read More » -
Local buyers step up as global property markets reset
As global governments tighten tax rules and investment restrictions, a clear trend is emerging across international real estate: local buyers are taking the lead where offshore interest once dominated. In both London and Australia, this shift is unlocking rare opportunities in high-end postcodes, reshaping the playbook for agents and developers alike.
Read More » -
Apartments outperform houses as buyers shift priorities
New data shows apartment markets across Australia outpacing house price growth.
Read More » -
National mean dwelling price tops $1 Million for the first time
Australia’s residential property market has hit a new milestone, with the national mean dwelling price surpassing $1 million for the first time.
Read More » -
Rental relief as prices drop across Sydney suburbs
Sydney's rental crisis is showing signs of easing with more than a third of suburbs experiencing drops or freezes in rental prices over the past year.
Read More » -
Half of Australians want household batteries with solar systems
Australia is experiencing a battery boom with one in two Australians looking to install household batteries alongside rooftop solar systems to maximize their savings, just ahead of the Federal Government's Cheaper Home Batteries Program launch on July 1, 2025.
Read More » -
US luxury real estate market cools despite rising values
The US luxury housing market is experiencing a slowdown as both buyers and sellers take a cautious approach amid the ongoing economic uncertainty.
Read More » -
Reuse over rebuild: why the property industry is rethinking what adds value
A powerful coalition of architects, developers, planners and academics is calling for a national rethink on the way Australia approaches buildings — urging governments, investors and the property sector to prioritise the reuse of existing structures over demolishing and starting again.
Read More » -
It now costs $2.52 million to buy a luxury home
The entry price for luxury homes in Australia has surged to $2.52 million, marking a dramatic 72 per cent increase from a decade ago when premium properties started at $1.49 million, according to new research.
Read More » -
Dubai’s digital property play: What Australia’s agents should know
Dubai has made headlines after its first tokenised real estate offering was fully funded within a single day — and it could be a sign of what's next in property investment globally.
Read More » -
Queensland property market defies expectations with five-year growth
Queensland’s property market has delivered another solid quarter of growth, adding to a five-year stretch that has reshaped the state’s housing landscape and seen prices in some regions double.
Read More » -
New Zealand property market remains sluggish
Property values across New Zealand edged down slightly in May, with mixed results across the country.
Read More » -
Residential land prices hit record high amid supply shortages
Residential land prices have surged to a new record high as sales volumes plummet to their lowest level in over two decades, highlighting critical supply constraints in Australia's housing market.
Read More » -
Builders keep Oz economy standing – but for how long?
Australia’s economic engine is losing steam, but it’s the nation’s builders who are keeping it upright—for now.
Read More » -
Homeowners stick with banks as internal refinancing hits record high
A record number of Australian homeowners are choosing to refinance their loans with their existing banks rather than switching lenders, with internal refinancing now accounting for more than a third of all mortgage refinances.
Read More » -
Australian housing market on track for million-dollar medians nationwide
Australia's housing market is experiencing unprecedented growth that could see most capital cities reach million-dollar median house prices by the end of 2026, with Sydney potentially hitting a two-million-dollar median.
Read More » -
Development site prices soar despite interest rate hikes
Development site prices have risen by more than 75 per cent since 2020 despite sharp interest rate increases, creating significant challenges for housing affordability in Australia, according to new research.
Read More » -
Australian home prices hit new record as interest rates fall
National home prices have reached a new record high, rising 0.39 per cent in May to mark the fifth consecutive month of growth amid falling interest rates.
Read More » -
US housing market shifts in favour of buyers
The US housing market has entered a buyer's market phase with nearly 500,000 more sellers than buyers currently active in the market, the largest imbalance on record.
Read More » -
REIV Appoints Megan Mander as Chief Operating Officer
The Real Estate Institute of Victoria (REIV) has announced the appointment of Megan Mander as Chief Operating Officer.
Read More » -
Selling the dream: How travel perks are helping close prestige deals
“More than a home, it’s a passport”: ThirdHome gains ground in Australia and New Zealand luxury markets
Read More » -
RBNZ cuts rates again
The Reserve Bank of New Zealand has cut the Official Cash Rate (OCR) by 25 basis points to 3.25 per cent, marking its sixth consecutive reduction in the current cycle.
Read More » -
Auction activity surges ahead of King’s Birthday long weekend
Capital city auction volumes are set to reach their third highest level this year with 2,816 homes scheduled to go under the hammer this week, showing strong momentum before the upcoming long weekend.
Read More » -
REIWA chief executive Cath Hart steps down after three years
Cath Hart has announced her resignation as chief executive of the Real Estate Institute of Western Australia (REIWA) after three years in the role.
Read More » -
Energy-Efficient homes prove a hot commodity in 2025, fetching up to 14.5% more
As households contend with escalating living costs and energy bills, new research from Domain reveals that energy-efficient homes are not only delivering day-to-day savings, but also fetching significant price premiums at sale.
Read More » -
Labor’s super tax could force SMSF property investors to sell
Labor's proposed superannuation tax on balances over $3 million could create significant challenges for Australians holding residential investment properties through their Self-Managed Super Funds (SMSFs), potentially forcing sales and reshaping the property market.
Read More » -
New home sales surge following interest rate cut
New home sales have jumped to their highest level in 12 months, signalling a potential recovery in the housing construction sector after years of stagnation.
Read More »