Real Estate News
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O*NO Legal offers first month of membership for just $1
Real estate industry clients are seeking more one-on-one support and increased accountability, according to O*NO Legal founder Kristen Porter.
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Buyer’s agent says keep interest rate rise in perspective
The headlines may be screaming doom and gloom, but one buyer’s agent says rising interest rates aren’t all bad news and purchasers need to keep things in perspective.
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Alexander Skarsgard lists his Manhattan penthouse
Swedish actor Alexander Skarsgard, best known for his roles in True Blood and Big Little Lies has put his Manhattan Penthouse on the market for US$2.599 million.
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The Agency raises $60k for cancer patients through Paul’s Great Shave
Paul Niardone will be feeling the cool winter air a little more this year after shaving off his lengthy beard to raise more than $60,000 to support cancer patients in Western Australia.
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Perth property prices hit a record high
Property prices across Perth have finally reached a new record high of $552,128, according to the latest data from CoreLogic.
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Culture, Innovation, Strategy: Scale up your business at Elite Retreat
Elite Agent has announced its inaugural, luxury retreat aimed at equipping agents with the knowledge and strategies to create measurable change in their business and take the leadership position in their market.
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Dreams become reality as George Real Estate launches in the Noosa Hinterland
A Sunshine Coast, husband-and-wife team has launched their own agency, George Real Estate, powered by UrbanX in the Noosa Hinterland.
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Demand for property falls in April
Demand for property eased in April with views-per-listings and sales both lower according to new data.
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First home buyer activity falls away in New Zealand
New Zealand's first home buyer activity has continued to decline as higher mortgage costs have started to have an impact according to a new report.
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The Australian suburbs that are primed for price growth
Campbells Creek in regional Victoria could be ripe for property price growth, as one of a number of locations that are set to buck the trend of a cooling market.
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Ellen DeGeneres and Portia de Rossi sell Beverly Hills mansion to a neighbour
Ellen DeGeneres and Portia de Rossi have offloaded their Beverly Hills mansion to their next-door neighbour, just eight months after buying it.
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Rate hikes to impact borrow capacity
Rising interest rates could see average home buyers’ borrowing capacity fall by more than $150,000, according to new research.
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Australian office investment set to surge in 2022
Investment in the Australian office market is set to surge this year, according to the latest research from valuer Knight Frank.
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Coco Ma is on track to write $2 million in 2022
Just five years after a career change from her fast food business in central Melbourne, Coco Ma is on track to write $2 million in gross commission in 2022.
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How the rate rise affected this week’s auctions
After the first rate rise in over a decade, auction volumes were down this week, with 2039 properties going under the hammer, resulting in a preliminary clearance rate of 64.7 per cent.
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REA Group delivers a strong Q3 performance
REA Group has posted a strong third-quarter earnings result, buoyed by a booming property market as listings continued their post-COVID-19 recovery.
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Homely announces strategic partnership with National Property Group
Homely.com.au continues to redefine the way people buy, sell, rent and list property, with the integration of comprehensive property data for agents and consumers.
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The Big Bang Theory star Simon Helberg lists his Los Feliz home
Star of the Big Band Theory, Simon Helberg, has listed his Los Feliz home for US$9.875 million.
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Victorian Budget missed an opportunity on property tax reform
The Victorian Government has missed an opportunity to tackled property tax reform, according to a leading industry body.
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Homeowners should expect more rate rises
Homeowners should be prepared for a series of rate hikes with experts tipping the official cash rate could rise to 2.6 per cent.
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Gianni Versace’s former NY townhouse listed for $70 million
The former luxury New York townhouse of Gianni Versace has hit the market with an asking price of US$70 million.
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Robust Queensland market to shake off rate rise
The Queensland property market is well positioned to handle this week's cash rate increase from the RBA according to the Real Estate Institute of Queensland (REIQ).
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Inside Johnny Depp’s collection of LA penthouses
Johnny Depp might currently be making headlines for a whole host of other reasons, but his collection of unique LA penthouses are also sparking plenty of interest.
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NZ property market prices softened in April
The New Zealand property market has recorded a modest fall in April, the first decline since the initial COVID-enforced lockdown in August 2020.
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Perth prices continue to increase in April
The Perth property market has continued to see an uptick in prices since reopening its borders in February.
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Why Felicity Harden is an eXp Realty icon
Brisbane’s Felicity Harden is the first real estate agent outside of the US and Canada to reach eXp Realty’s Icon benchmark for high sales two years in a row.
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Cash rate rises for first time in over a decade
After 17 months of record low interest rates, the Reserve Bank of Australia has today lifted the cash rate 25 basis points to 0.35 per cent while clearly indicating more rate rises are to come.
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Richard Simpson elected new REIV president
The Board of the Real Estate Institute of Victoria (REIV) has elected respected real estate agent Richard Simpson as its president, through to October 2022.
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Vacancy rates remain at record low levels
The national vacancy rate remains at a record low 1 per cent with all capital cities continuing to operate in a “landlords’ market” according to a new report.
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WA the most affordable for first home buyers
Perth has been named the most affordable capital city for first home buyers, with regional Western Australia taking the title of most affordable area in the country, according to a new report.
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Labor looks to cut the cost of a mortgage by up to $380K
The Labor Party has announced its intentions to introduce a new shared-equity housing scheme that could help shave up to $380,000 off the cost of a home.
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Rising CPI suggests more affordability worries ahead
The highest inflation in 30 years suggests housing affordability is going to continue to decline, according to an industry body.
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Home prices stalled in April as rate hikes loom
Property prices stalled nationally last month with values seeing their smallest increase since May 2020 and the onset of the pandemic, according to new data.
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Economists predict rate rises are coming before August
Economists believe the RBA is getting set to hike the official cash rate (OCR) with 84 per cent believing a rise is coming before August.
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Propic acquires Property Realm to create intelligent AI platform to ease stress levels
Australian real estate PropTech innovator, Propic has acquired Property Realm in a move it says will “unapologetically disrupt” the real estate industry.
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