Real Estate News
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Big Bang Theory star sells mansion for $16 million
Big Bang Theory star Kaley Cuoco and former partner Karl Cook have sold their California mansion for $US16.2 million
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Australia’s top 10 most affordable regional areas
The great Australian dream of owning a home is still alive, with a new report identifying the Top 10 affordable regional areas in the eastern states.
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Demand for property still strong despite signs of easing market
The Australian housing market remains strong and demand in Melbourne and Adelaide has hit record highs, despite signs the property market is softening in capital cities.
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Four ways rural agents are leveraging technology
The perks of technology in rural Australia go beyond just posting your property to a major real estate portal.
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Mamma Mia! Amanda Seyfried lists Greenwich Village condo for $12 million
Mean Girls and The Dropout star Amanda Seyfried has listed her stunning Manhattan home for US$3.25 million.
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UrbanX raises millions to fund expansion and innovation
Billed as the future of real estate, UrbanX (“UX”) is revolutionising the traditional model by empowering Australia’s top agents to work for themselves & create their own unique brands.
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Family home sells for $1.4 million with a Realtair timed auction
Live auction service Realtair has been used to sell a Warilla home on the NSW South Coast, with the local buyer making the purchase while working from home.
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Buyers face new problems as supply falls
The real estate market is showing signs of slowing but there are still challenging conditions ahead for buyers with a rapid drop in listing volumes.
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Million Dollar Listing stars selling their mansion for $12 million
Million Dollar Listing LA stars Josh and Heather Altman are selling their Hollywood mansion for US$12 million.
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Housing values fall in Sydney and Melbourne
Property values in Sydney and Melbourne have started to slide, falling as much as 7.2 per cent in the first quarter of the year, new analysis shows.
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New Zealand cash rate tipped to rise .5 per cent this week
One of New Zealand’s biggest banks has forecast the country’s reserve bank to lift the official cash rate 50 basis points on Wednesday in a bid to “rein in runaway inflation” and avoid a “deep recession”.
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The real estate issues the new Federal Government must tackle
The rental crisis, housing affordability and supply will be among the hot topics in the real estate sector leading up to the Federal Election on May 21.
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Big 4 banks tip interest rates to rise in June
The big four banks have revised their cash rate forecasts, tipping the next tightening cycle to start as early as June.
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Market Buy the next step in McGill’s successful career
It’s been a rapid rise to success for former architect Mark McGill who stumbled into real estate after losing his job due to the global financial crisis.
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Renters lose out in governments’ ‘patchy’ response to the pandemic
Renters were the big losers with the state and territory government's hasty response to the pandemic labelled “patchy” by a new report.
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Almost 4000 properties go to auction in one of the busiest weeks on record
This week proved the busiest auction week of the year and the sixth busiest since CoreLogic records began as almost 4000 properties went under the hammer across the combined capitals.
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Trio writes almost $2M GCI in 12 months under Area Specialist
In the twelve months since joining Area Specialist, directors Harry Singh, Jake Wang and Adam Bindra have written almost $2 million in gross commission – all of which they will keep.
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Hobart named fourth-strongest property market in the world
Hobart has been named the fourth-strongest property market in the world, according to the latest Frank Knight Global Residential Cities Index.
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REIA honours the industry’s best at National Awards for Excellence
The winners of REIA's National Awards for Excellence (NAFE) 2022 have been announced with a host of industry leaders being honoured across 21 categories.
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Home Guarantee Scheme to put upward pressure on property prices
The recently expanded Home Guarantee Scheme announced in the latest Federal Budget could put further upward pressure on property prices according to experts.
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Openn signs pilot agreement with two North American real estate groups
Australian-listed PropTech company Openn Negotiation has announced a pilot agreement with two major North American real estate groups.
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5 factors that drive success on auction day
With the auction process more popular than ever, a new report has identified five key factors that drive success on auction day.
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New Instagram scam targets top real estate agents
A real estate media coach has warned agents about an online scam targeting the industry aimed at stealing top agents' Instagram profiles to push a Bitcoin fraud.
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Sydney office market returning to normal
The Sydney office market is slowly returning to normal post Covid, with tenants increasingly searching for larger spaces to rent.
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New Zealand house prices continue to soften
New Zealand property prices are growing at a slower rate, with the latest CoreLogic House Price Index (HPI) showing a 0.7 per cent rise last month.
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ANZ tips cash rate to rise 10-fold this year
One of Australia’s big four banks has tipped the cash rate will increase four times before the end of the year.
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Home loan commitments decline from record highs
The value of new home loan commitments fell 3.7 per cent to $32.3 billion in February after a record high in January, according to new data from the Australian Bureau of Statistics (ABS).
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Vanessa Jeans joins Harcourts Victoria as franchise development manager
Vanessa Jeans has been appointed franchise development manager and corporate auctioneer for Harcourts Victoria, bringing with her a wealth of real estate experience.
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Interest rates on hold but experts tip a rise is coming
The Reserve Bank of Australia has again opted to keep interest rates on hold at 0.1 per cent as they eye the likelihood of increased inflation over the coming months.
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Australia’s smaller capital cities drive property price growth
CoreLogic's latest national home value index shows house prices rose by 0.7 per cent in March, led by the smaller capital cities that continue to outperform their larger counterparts.
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Local property markets to benefit from green energy push
With the Federal Government pushing the country to be carbon-neutral by 2050, the increase in demand for different minerals could benefit a number of local economies and their property markets according to a leading economist.
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Adam Levine pays $52 million for Rob Lowe’s former estate
Rocker Adam Levine and his model wife Behati Prinsloo have forked out US$52 million for Rob Lowe’s former Montecito mansion
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Property prices tipped to fall next financial year
Researchers have predicted a 5.2 per cent fall in property prices in 2022-23, with low net migration and greater housing supply tipped to stifle price rises.
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REIV calls for full sale price disclosure as part of property market review
The Real Institute of Victoria (REIV) has called for full sales price disclosure, standardised residential sales contracts and a review of the Residential Tenancies Act to address housing availability issues.
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Australia’s house price growth continues to slow
Australian house prices have grown by 0.34 per cent in March, the slowest since March 2020 according to new data.
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