INDUSTRY NEWS
-
Cloudstaff launches dedicated property division for the Australian market
Cloudstaff, the Australian-headquartered remote staffing platform, has announced the launch of a dedicated division to service the Australian real estate market.
Read More » -
Auction volumes increase with a bumper week tipped to come
Auction volumes inched higher this week as spring selling season hits its stride, with CoreLogic predicting next week could see the busiest auction week since June this year.
Read More » -
Trading up is getting easier in New Zealand
Upgrading your home is gradually getting easier across New Zealand, with new data showing the premium to trade-up is on the decline.
Read More » -
Risky lending falls as tough APRA rules kick in
The value of risky mortgages continues to fall after tough new rules from the Australian Prudential Regulation Authority (APRA) start to take hold.
Read More » -
A unique spring selling season on the horizon
Despite the arrival of the spring season, sales activity is expected to be a little different this year as mortgage rates, weak consumer sentiment and stretched household budgets begin to bite.
Read More » -
Mortgage anxiety rises as the RBA continues to hike the cash rate
Rapidly rising mortgage rates could leave borrowers in serious financial trouble with new research finding two-thirds of homeowners may default as a result of the increased cash rate.
Read More » -
Season 3 of Luxe Listings Sydney promises to be the biggest and best yet
When Monika Tu was invited to join the inaugural season of the hit Amazon Prime TV show Luxe Listings Sydney she initially said no.
Read More » -
Government flags incentives for pensioners to downsize
The Federal Government is seeking to address the issue of housing supply and affordability by giving pensioners more incentives to downsize.
Read More » -
Nerida Conisbee: rent control isn’t the answer to the rental crisis
There are almost twice as many people under rental stress than those experiencing mortgage stress, with ‘stress’ defined as spending more than 30 per cent of household income on rental or mortgage payments. In the most recent Census of Population and Housing conducted in 2021, there were 915,000 households spending more than 30 per cent of their income on rental…
Read More » -
Brighton penthouse smashes the suburb’s price record
A new designer penthouse in Melbourne has set a suburb price record by millions of dollars.
Read More » -
Affordable suburbs you can invest in now across Australia
Despite the recent boom in property prices across the country, there are still plenty of affordable options in our major capital cities according to an expert.
Read More » -
Cash rate rises for the fifth month in a row
The Reserve Bank of Australia (RBA) lifted the cash rate 50 basis points today and at the same time forewarned homeowners further increases were coming.
Read More » -
CBA cuts variable rates again for new customers
The big banks continue to cut their variable rates for new customers, in a bid to win more business.
Read More » -
“Rough” conditions for renters continue in August
Pressure on renters continued last month, with vacancy rates for apartments and houses at extremely low levels while asking rents kept rising.
Read More » -
Queensland land tax will exacerbate the state’s rental crisis
The Real Estate Institute of Queensland has called on the State Government to repeal its “illogical” land tax regime or risk worsening the rental crisis and stymying investment in the state.
Read More » -
Where are our most international suburbs?
The results of the 2021 Census have now been released and with it, a fascinating look at the diverse demographics of Australia. While most new arrivals to Australia come to Sydney first, it’s not then possible to easily find out where they decide to settle. The Census provides us with a deeper understanding into settlement patterns around the country. And…
Read More » -
RBA has “little choice” but to hike rates in September
he Reserve Bank of Australia appears set to hike the official cash rate at the September meeting with consistently high inflation leaving them with “little choice”.
Read More » -
Slight drop in auction volumes sees clearance rate rise
After rising over recent weeks, auction volumes dipped almost 10 per cent this week, with 1814 homes going under the hammer across the combined capitals.
Read More » -
Perth property prices a mixed bag in August
Despite Perth property prices officially falling in August, 56 suburbs were able to buck the trend.
Read More » -
Regional reversal taking place as people move back to the cities
After a record few years for regional property prices, values have started to decline as regional migration begins to stall.
Read More » -
Housing loan commitments fall in July
The impact of consecutive interest rate rises has caused owner-occupiers and investors to shy away from the property sector, with the value of new loan commitments falling 8.5 per cent in July.
Read More » -
Auctions surge as spring selling season gets underway
Auction activity is set to jump this weekend as the spring selling season sees a flurry of vendors looking to capitalise on record property prices.
Read More » -
Explore Property embraces strengths at its “best Exploration Day yet”
The Explore Property network held its annual conference Exploration Day in Brisbane on August 25.
Read More » -
Family bonds make a winning team at Hutton & Hutton
Maintaining boundaries between work and home life can be a challenge in a demanding environment like real estate.
Read More » -
Perth property continues to grow in value in 2022
Perth has so far been able to buck the slowing property market in 2022, with 29 suburbs seeing double-digit growth.
Read More » -
Are rent controls the right way to go?
Real estate bodies have labeled calls to freeze rents and cap increases out of touch with reality, fearing it could exacerbate the nation's rental shortage.
Read More » -
The long-term trend in property prices is “undeniably upwards”
Despite weakness in home values as interest rates rise, new data suggests the trend over the past 30 years has clearly been upwards.
Read More » -
World first real estate app launches with major global backing
How real estate is listed and sold is being revolutionised with the launch of global short-form video marketing app, Ten Sixty.
Read More » -
Buyer demand is down ahead of the spring selling season
Buyer demand is slightly lower than average in many areas as the spring selling season approaches.
Read More » -
Prospecting specialists K2X drive results for agents
Real estate agents know they need to be diligent in prospecting for clients if their business is to grow.
Read More » -
Nerida Conisbee: it looks like we are in for a busy spring
A slowing housing market can create quite different environments when it comes to the number of properties for sale.
Read More » -
Richardson & Wrench awards night worth the wait
Following a two-year, pandemic-induced hiatus, the Richardson & Wrench network has finally come together to celebrate a year of achievements in a glamorous night to remember.
Read More » -
Queensland property prices begin to slow down
Queensland's rampant property price growth of the past few years has finally started to slow down.
Read More » -
New Zealand the “canary in the coal mine” for Australian property
Australian homeowners can look to New Zealand’s property market as the “canary in the coal mine” to determine what kind of impact rate hikes might have on prices, according to experts.
Read More » -
Auction activity lifts in lead up to spring selling season
With the official start to the spring selling season just days away, auction activity climbed above the 2000 mark for the first time in nine weeks.
Read More »