INDUSTRY NEWS
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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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Rate cuts benefit different housing markets
Australia's housing market has responded differently to each of the three major interest rate cutting cycles since 2015, according to new research.
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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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Australia losing nearly 23 affordable homes a day
Australia’s affordable housing supply is shrinking at an alarming rate, with new data showing nearly 23 sub-$750,000 homes disappearing from capital city markets every day. Fresh analysis from Ray White Chief Economist Nerida Conisbee reveals that while affordable unit numbers are rising slightly, they’re nowhere near enough to offset the steep and sustained losses in houses.
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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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Housing market pauses in July but poised for rebound with expected rate cuts
Australia's housing market experienced a significant slowdown in July following the Reserve Bank's decision to hold interest rates, though experts predict this deceleration will be short-lived with anticipated rate cuts on the horizon.
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UK house prices rebounded 0.6 per cent last month
UK house prices increased by 0.6 per cent in July following a 0.9 per cent fall in June, signalling renewed strength in the housing market despite economic uncertainties.
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Christie’s launches dedicated crypto real estate division as demand for digital property deals grows
Christie’s International Real Estate has launched the industry’s first dedicated crypto property division, allowing luxury homes to be bought and sold entirely in digital currency.
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Property values rise across all capitals as housing market strengthens
National dwelling values have increased for the sixth consecutive month, with every capital city recording growth as the housing market continues to strengthen.
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Domain shareholders back $3 Billion CoStar takeover
Nearly 100% of eligible shareholders vote in favour of CoStar’s $3 billion acquisition of Domain, paving the way for final court approval this week.
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Brisbane overtakes Melbourne as property markets surge nationwide
Australia's property market is experiencing a significant revival with Brisbane overtaking Melbourne to become the nation's second-highest median house price city, reaching a record $1 million for the first time.
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Window of opportunity opens for NZ first home buyers
New Zealand's property market is presenting a prime opportunity for first home buyers as housing stock continues to tighten across the country, according to the latest data from realestate.co.nz.
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Queensland’s new seller’s disclosure laws kick off today
Queensland’s property market is set for a major shake-up with new statutory Seller’s Disclosure laws coming into effect on 1 August 2025.
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“A demolition of regional communities”: new land laws spark alarm in Victoria
Agents warned of potential impact on property rights, land values and buyer confidence as new VicGrid bill draws sharp criticism from farming communities and legal experts.
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Mortgage refinancing hits record high in NZ
Refinancing activity hit record highs in June, with more than 3,500 mortgage holders switching banks and nearly $2.5 billion in lending reshuffled, according to new analysis from Cotality NZ.
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1 in 4 Aussie households plan to invest in property – despite broader caution
New research from Agile Market Intelligence’s Consumer Pulse survey reveals that property remains the top investment choice for Australian households, even as overall appetite for investing remains subdued.
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Real estate agent turnover remains high despite national decline in job mobility
Real estate agents are still changing jobs at one of the highest rates in the country, according to new ABS data, despite a broader slowdown in job mobility across other industries.
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US home sales slump as prices reach record highs
Sales of previously owned homes in the United States have fallen to their lowest levels since September last year, while median home prices have simultaneously hit an all-time high.
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