INDUSTRY NEWS Archives

Rowan CrosbyJune 8, 2022

Buyers and renters continue to struggle with housing affordability

Housing affordability has continued to fall with more pain ahead according to the Real Estate Institute of Australia (REIA).

Nerida ConisbeeJune 8, 2022

Is there a better way to utilise Australia’s 13 million spare bedrooms?

Recently, the Australian Bureau of Statistics (ABS) released its latest Survey of Income and Housing. One interesting piece of analysis looked at the number of spare bedrooms around Australia.

Cassandra CharlesworthKylie DulhuntyJune 7, 2022

RBA goes ‘hard’ with interest rate jump

Higher than expected inflation has seen the Reserve Bank of Australia lift the cash rate for the second consecutive month, with today’s 50 basis point increase taking the official interest rate to 0.85 per cent.

News RoomJune 7, 2022

Raine & Horne knights Newcastle with CBD office as fast trains beckon

Raine & Horne has added an office in Hunter Street Newcastle as talk of a fast train service between Sydney and Newcastle gains speed.

News RoomRowan CrosbyJune 7, 2022

Australia is the 13th strongest property market in the world

A number of Australia’s major cities have featured in the global list of best-performing housing markets over the past 12 months.

News RoomJune 6, 2022

Raine & Horne Chairman welcomes Blue Mountains tunnel

Long term advocate for a Blue Mountains tunnel, Angus Raine, Executive Chairman, Raine & Horne, has welcomed the confirmation this week by the NSW Government that an 11km toll-free tunnel from Blackheath to Little Hartley has the green light.

Rowan CrosbyNews RoomJune 6, 2022

Rents and mortgage repayments to keep rising

Rents and mortgage repayments are expected to continue to rise over the next 12 months, putting more pressure on households already struggling with the high cost of living.

News RoomRowan CrosbyJune 6, 2022

Lenders have been quick to pass on interest rate hikes

Following the first cash rate hike in over a decade, lenders have been quick to pass on the rate rise to borrowers, with 95 per cent of lenders raising interest rates 0.25 per cent according to Canstar.

News RoomRowan CrosbyJune 6, 2022

Queensland property market defying the downturn

he Queensland property market is still experiencing 'healthy growth' and is continuing to defy the downturn seen elsewhere, according to the Real Estate Institute of Queensland (REIQ).

News RoomJune 5, 2022

RE/MAX has history in Kenmore

One of Australia's most awarded real estate offices, RE/MAX Profile, has relocated to where it all started - Kenmore, the home of Australia's first RE/MAX office.

News RoomJune 5, 2022

Knight Frank appoints new Chief Financial Officer

Jamie Harding has been appointed to the position of Chief Financial Controller at Knight Frank.

Cassandra CharlesworthJune 5, 2022

Annual auction volumes declined in May

After a record volume of auctions were held in the first four months of the year, last month saw an annual decline in listings for the first time since February 2021.

News RoomRowan CrosbyJune 3, 2022

Perth prices rise as the market outperforms Sydney and Melbourne

Home prices across Perth have continued their rise, increasing 0.6 per cent in May according to new data from CoreLogic.

News RoomRowan CrosbyJune 3, 2022

Barellan Point is Australia’s top family housing market

Barellan Point in regional Queensland has been named the top housing market for families according to new research.

Kylie DulhuntyJune 3, 2022

ANZ revises cash rate prediction on back of strong wages

The ANZ bank has tipped the Reserve Bank of Australia (RBA) will lift the cash rate by 40 basis points at tomorrow’s board meeting on the back of broadening inflation pressures.

News RoomJune 2, 2022

Max Brown appoints new general manager

Max Brown Real Estate Group has appointed Gary Dans as its new General Manager.

Rowan CrosbyNews RoomJune 2, 2022

Dubbo Council looking to undertake 3D house printing trial

The Dubbo Regional Council is moving forward with a proposed trial of 3D printed houses to potentially help ease the lack of supply of homes in the region.

Rowan CrosbyNews RoomJune 2, 2022

Cash poor Australian households look to downsize

After two years where Australians were scrambling for larger homes, a new survey has found one in eight are now looking to downsize as higher living costs start to bite.

News RoomJune 1, 2022

Time to get to work on housing plan, says REIA

REIA will today outline the critical success factors and key next steps that must be taken to ensure the National Plan for Housing and Homelessness has the right outcome.

Rowan CrosbyNews RoomJune 1, 2022

Unprecedented demand for industrial property pushing up prices

Record demand for industrial space has continued to put upward pressure on rents and property values with the trend expected to continue.

Rowan CrosbyJune 1, 2022

Widespread fall in New Zealand property prices continues

The downwards momentum in New Zealand residential real estate values continued throughout May with prices falling 0.8 per cent.

News RoomMay 31, 2022

Belle Property expands its Adelaide footprint to West Lakes

Belle Property is making further inroads into the Adelaide market with the opening of its latest office in West Lakes on 1 June.

News RoomRowan CrosbyMay 31, 2022

Home prices fell in May as interest rates rose

Home prices across the country fell for the first time since the start of the pandemic just as homeowners saw the first RBA rate rise in over a decade.

Rowan CrosbyMay 31, 2022

Prices fall in inner-city and expensive suburb micro markets

Micro markets in major capital cities have started to weaken, with prices falling as much as 8.5 per cent in the past three months. The latest CoreLogic Property Pulse showed inner-city and upper-quartile suburbs in Sydney, Melbourne and Canberra have led the price falls with suburbs such as Sydney’s Beaconsfield dropping 8.5 per cent in the past three months. In…

News RoomMay 30, 2022

Laing+Simmons Lithgow opens with experienced local team

Under the leadership of high-profile local real estate identity Graham Hodson, a new Laing+Simmons office opens this week in Lithgow in a further boost to the brand’s growing regional network.

Kylie DulhuntyMay 30, 2022

The highlights from AREC 2022 – Day 2

Just as Day 1 delivered something for everyone, Day 2 at AREC 2022 saw plenty of laughter, a few tears and a host of inspiring takeaways. We were there for all of the action once again and have narrowed down our Day 2 highlights… Mel Robbins The 5 Second Rule In one of the most highly anticipated sessions of the…

Cassandra CharlesworthMay 30, 2022

RBA examines the post-pandemic housing market

Property prices have increased, the construction industry is at capacity, and the average Australian household size has fallen throughout the course of the COVID pandemic. But will these trends continue into the foreseeable future?

News RoomMay 30, 2022

DiJones reimagines wellbeing with Sonder partnership

DiJones is unlocking more for its team and their families by partnering with Sonder to provide safety, wellbeing and mental health support.

News RoomMay 30, 2022

OBrien Real Estate opens new office in Ringwood

The OBrien Real Estate name reaches new suburbs with the addition of a new Ringwood office and their dynamic team.

Kylie DulhuntyMay 29, 2022

The highlights from AREC 2022 – Day 1

More than 4000 real estate professionals packed the Gold Coast Convention and Exhibition Centre yesterday for Day 1 of AREC 2022.

Cassandra CharlesworthMay 29, 2022

Preliminary clearance rate rises on the back of auction surge

This week proved the busiest auction week since the pre-Easter spike, with 3229 properties going under the hammer across the combined capitals to record a preliminary clearance rate of 63.7 per cent.