INDUSTRY NEWS
-
Real estate’s night of nights – all the AREAs winners
DiJones taking out Residential Agency of the Year for the second year in a row.
Read More » -
David Cutler joins the LJ Hooker performance team
David Cutler will partner with Stephen Mutton to support the growth of offices and their teams, as well expand the group across Victoria and Tasmania. The Announcement: LJ Hooker has demonstrated its commitment to growth and performance with the appointment of David Cutler as State Manager for Victoria and Tasmania. Mr Cutler has almost 25 years of experience in sales,…
Read More » -
The Sydney suburb that is Australia’s tightest housing market
North Sydney is the most undersupplied market in Australia with ‘extraordinarily low’ inventory levels making life tough for buyers according to new analysis.
Read More » -
Belle Property Escapes expands to Byron Bay
The expansion of Belle Property Escapes to Byron Bay is expected to meet demand for premium holiday accommodation.
Read More » -
Young Aussies stuck living at home longer
The rising cost of housing around the country is forcing young Australians to stay at home longer with 25 per cent of millennials still stuck with their parents after turning 30.
Read More » -
Agents achieve career-best year with eXp Realty
There’s an old saying that posits, ‘What a difference a year makes’, and that’s certainly proved true for Leigh Martinuzzi since he joined eXp Realty.
Read More » -
CoreLogic commits to building better and more sustainable lives
CoreLogic NZ has joined the Sustainable Business Council and committed to a range of sustainable practices including reducing carbon emissions. The Announcement: CoreLogic NZ has taken steps to actively demonstrate its commitment to improving its sustainable business practices by joining the Sustainable Business Council (SBC). Today’s announcement follows a recent internal engagement survey which found 96% of employees either agreed…
Read More » -
Women in Real Estate event coming soon
The 15th annual Real Estate Institute of NSW (REINSW) Women in Real Estate (WIRE) conference will be held at Royal Randwick Races in Sydney on Tuesday 29 March.
Read More » -
Australian Auctioneering Championship returns for 2022
The championship will see the industry’s leading property auctioneers go head-to-head for the title. The Announcement: Real Estate Institute of Australia (REIA) and Real Estate Institute of New Zealand (REINZ) have today announced the highly anticipated Australasian Auctioneering Championship (AUSTROS) is returning in 2022. Taking place from 16-18th October, this year’s AUSTROS will see industry leading property auctioneers descend on…
Read More » -
First home buyers forced to save for 11 extra months to afford a home
Average couples are now forced to spend 11 additional months saving for a deposit to afford an entry-level house compared to the same time last year according to new research.
Read More » -
Sydney second to Hong Kong as world’s least affordable property market
Sydney has been named the second most unaffordable housing market in the world according to new research.
Read More » -
Investors should look to capitalise on rising listings
Buyers should look to capitalise on slowing market conditions and take a long-term approach to investing according to a leading buyers agent.
Read More » -
Real estate farewells industry icon Bart Doff
Tributes are flowing in for long-time Laing+Simmons Double Bay principal and industry icon Bart Doff, who has passed away.
Read More » -
One in four NSW and QLD residents not insured for extreme weather
New data suggests 22 per cent of New South Wales and Queensland residents are uninsured against extreme weather events such as floods, bushfires, or storms.
Read More » -
Knight Frank opens new Gold Coast office
Knight Frank will open a Gold Coast office based in Surfers Paradise this month, kickstarting the expansion plan for the brand in Queensland. The Announcement: KNIGHT FRANK will open a Gold Coast office this month as activity in the city’s commercial market builds in the lead up to the 2032 Olympic Games. George Parzis and Abel Erasmus will head up the…
Read More » -
First National announces SA/NT 2022 General Excellence and Marketing Awards
The awards night recognised new offices, new salespeople and new investor relations managers for their outstanding work. The Announcement: First National Real Estate’s SA/NT agents were presented with their 2022 General Excellence and Marketing Awards at Intercontinental Adelaide on Friday night. It was a triumphant night for FN O’Donoghues, which was announced Magnificent 7 – No.1 Sales Office of the…
Read More » -
‘Uncertainty’ remains in national office markets: HTW
Despite Covid restrictions slowly easing around the country, it will take some time before businesses and employees return to the CBD amid ongoing “uncertainty” according to the latest Herron Todd White Month in Review.
Read More » -
HSBC buys virtual real estate in the metaverse
Leading international bank HSBC has purchased virtual land in The Sandbox metaverse, joining more than 200 companies that have taken up virtual real estate. The groundbreaking partnership between The Sandbox and HSBC will see the financial services provider acquire land and virtual real estate, which will be developed to engage and connect with sports, esports and gaming enthusiasts. The partnership…
Read More » -
Australia entering a GFC-style rental crisis
Australia is on the cusp of a GFC-style rental crisis with more pain ahead for renters according to a leading expert.
Read More » -
REIWA calls for targeted stamp duty reform
REIWA is calling on the WA Government to introduce stamp duty reforms to help first home buyers and seniors, off-the-plan properties and small businesses.
Read More » -
Bridging loan FinTech Bridgit raises $7.7 million
Non-bank lender Bridgit has secured $7.7 million in its latest funding round as the FinTech company looks to expand its bridging loan product.
Read More » -
Rising property prices, low interest rates lead to record housing debt
Housing debt levels have hit a record high on the back of soaring property prices new data reveals.
Read More » -
Stone Real Estate continues its business expansion at The Entrance
Stone Real Estate has taken over an existing property management and sales department to expand their business at The Entrance.
Read More » -
Auction volumes top the 3000 mark
Auction volumes have again surpassed the 3000 mark, making this weekend the second busiest of the year so far.
Read More » -
Meriton and MRI Software partner in built-for-rent project
Australia’s biggest residential apartment developer, Meriton, has chosen MRI Software to take the management and maintenance of 9000 built-for-rent Meriton apartments across NSW and QLD online as part of a new three-year contract with the global real estate software leader.
Read More » -
Australian residential property value nears $10 trillion
The total value of Australia’s 10.8 million residential properties has increased at record pace to nearly $10 trillion ($9901.6 billion) according to new data.
Read More » -
How agencies are coping with losing management fees from flood-affected homes
Real estate agencies in flood-ravaged Northern NSW have urged others to set aside some profits every month, with their ‘rainy day’ disaster funds now coming in handy.
Read More » -
Property Council welcomes analysis of regional strengths and weaknesses
The report has the potential to improve planning and infrastructure investment to support regional growth. The Announcement: The Property Council of Australia today welcomed the release of Infrastructure Australia’s latest report into the strengths and infrastructure gaps in Australia’s regional areas. The first report of its kind, the expansive study examined the opportunities and challenges facing the regions as more…
Read More » -
Peloton brings connected fitness to luxury accommodation
Peloton checks into hotels to support the fitness and wellbeing needs of Australians when they travel. The Announcement: Following 2021’s highly anticipated launch of Peloton in Australia, the leading interactive fitness platform that pioneered connected, technology-enabled fitness, will continue its expansion with Peloton Commercial to serve members on the road, as well as at home. The Australian hospitality industry has…
Read More » -
Investors driving rising markets on Herron Todd White property clock
Soaring Sydney property prices in 2021 “overshadowed” another key market trend of rising rental rates, according to the latest Herron Todd White (HTW) Month in Review.
Read More » -
House prices grew at the fastest rate in 20 years
National house prices grew at 25.1 per cent in 2021, making it the fastest annual growth rate in 20 years, according to new data.
Read More » -
Reapit set to expand portfolio with acquisition of Console
Cloud-based property software provider Reapit, backed by private equity firm Accel-KKR (AKKR), has announced the acquisition of Console.
Read More » -
Successive rate rises the biggest risk for homeowners
Successive interest rate increases from the RBA when they begin their tightening cycle could be the biggest issue for homeowners according to a leading expert.
Read More » -
Australian house prices grow at the fastest rate in the world
Australia has taken top spot as the country with the highest rate of annual price growth in 2021.
Read More » -
Commercial agent powers through 2022 first quarter
Deepen Khagram recently received the special honour of being inducted into the RE/MAX International Hall of Fame. The Announcement: RE/MAX commercial specialist Deepen Khagram closes the 2022 first quarter strongly with two sales wrapped up by the end of the first month of the year and another since. The successful sale of a prominent high exposure development site on the…
Read More »