INDUSTRY NEWS
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Australia’s housing market hits $11.1 trillion milestone
Fresh ABS figures show Australia’s residential housing stock has soared to $11.1 trillion, with the average home now valued at more than $1 million.
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Property industry unites behind new foundation to tackle homelessness
Australia's property industry launches A Home for All Foundation to combat homelessness, with every dollar raised going directly to those in need. The initiative invites professionals to experience "A Night Without Home" this October, highlighting the 94% of homelessness that remains hidden from public view.
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US housing affordability expected to return to normal by 2030
US housing affordability could return to normal levels by 2030 if home price growth stabilises and mortgage rates fall to 5.5%, offering hope to frustrated homebuyers.
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CBD retail recovery sweeps Australia but Sydney is lagging
Most of Australia's CBD retail markets are showing strong signs of recovery with vacancy rates dropping significantly over the past year, though Sydney has emerged as a concerning exception according to new research.
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Regional Australia continues to attract city dwellers despite national slowdown
Regional Australia remains a magnet for city dwellers, with 26 per cent more people moving to regional areas than those heading in the opposite direction.
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Average home loan projected to top $1.1m as lending recovery drags to 2036
Australia’s mortgage market faces a long road back to its Covid-era highs, with new analysis warning it may take until 2036 for lending volumes to recover - and by then the average loan could exceed $1.1 million.
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Sydney Metro suburbs carry a hefty premium, but price growth trails wider market
Homes near Sydney’s Metro stations command some of the city’s steepest prices, but new data shows value growth is lagging behind more affordable suburbs.
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New Zealand lifts foreign buyer ban on $5m luxury homes
New Zealand is rolling out the welcome mat for the ultra-wealthy, reopening its doors to foreign buyers at the luxury end of the property market.
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National property listings rise, but old stock points to unrealistic pricing
Australian property listings rose in August, led by Sydney and Melbourne, but overpriced homes risk sitting unsold this spring.
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Affordable housing outpaces market as first home buyer incentives fuel demand
Australia's most affordable properties are experiencing stronger price growth than typical homes, driven by government incentives and intense competition among first-time buyers entering the market.
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Property investors exit amid rising costs, tax pressures
Australia’s rental market is under renewed pressure as fresh figures show property investors leaving in increasing numbers, stripping thousands of homes from the nation’s already stretched rental pool. Industry analysis points to rising costs, tax uncertainty and regulatory changes as key drivers of the exodus, with experts warning the trend could deepen the rental crisis if left unchecked.
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NSW councils offered $200m to speed up housing approvals
NSW Government says ‘carrot and stick’ approach is speeding up development times.
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Melbourne dominates PropTrack CommBank First Home Buyer Report 2025 hotspots
First-home buyer activity is rising even as affordability hits a three-decade low, with Melbourne emerging as the nation’s biggest hotspot.
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Gold Coast overstretched: study finds city 14% beyond ‘ideal size’
The Gold Coast’s booming property market is colliding with population pressures, with a new study finding the city has outgrown its ideal size.
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Detached house approvals increase as multi-unit approvals decline
Detached house approvals have risen by 0.6 per cent in July 2025, while multi-unit approvals experienced a significant drop, highlighting ongoing challenges in meeting Australia's housing targets.
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Housing market spike following August rate cut
Australia's housing market has responded dramatically to the August interest rate reduction, with national house prices jumping 1.3 per cent in just one month according to new data.
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Home prices reach new record high
Australian home prices have climbed to a fresh record high, rising 0.5 per cent in August and marking eight consecutive months of growth as the housing market gains momentum.
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High school students increasingly drawn to real estate careers
Queensland high school students are showing strong interest in real estate careers, with thousands engaging with industry representatives at recent career expos across the state.
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Extra bedrooms add hundreds of thousands to Kiwi house prices
New Zealanders are paying big premiums for extra bedrooms, with new data showing national price jumps of up to 43 per cent between three and four-bedroom homes.
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HIA forecasts more than one million new homes in five years
Australia is on track to build more than one million new homes in the next five years, with forecasts lifted on the back of stronger population growth and recent government policy shifts.
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Spring set to deliver property market boost as interest rates fall
The Australian property market is poised for its traditional spring revival, with the season historically delivering the strongest uplift in listings, sales and prices according to new research.
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Housing affordability in New Zealand reaches a six-year high
Housing affordability across New Zealand has improved to its most favourable level since 2019, easing financial pressure on households despite remaining challenges in the rental market.
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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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It is still cheaper to buy than build – but only just
The gap between house prices and construction costs is narrowing in 2025, unlocking new housing supply opportunities in key Australian cities.
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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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Real estate industry faces major regulatory shift with 2026 AML reforms
The Australian real estate industry is preparing for significant regulatory changes as the Federal Government confirms the extension of anti-money laundering legislation to property professionals from July 2026.
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