Real Estate News
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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.Â
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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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Perth sales volumes highest in a decade
Perth sales volumes hit a 12-year high last month and the market shows no sign of slowing down, according to experts.
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Australia’s top 10 property powerbrokers
The latest Australian rich list features a host of property powerbrokers whose wealth has skyrocketed in the past 12 months.
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Auction volumes dip as the market readies for its busiest week of the year
CoreLogic is tipping next week will prove the busiest auction week of the year so far after volumes dipped a little across the combined capitals this weekend.
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Suburbs most at risk of coastal surges and erosion
Storm surges and coastal erosion has the potential to wipe out $1.47 billion worth of property at Paradise Point on the Gold Coast, according to a new report.
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First home buyers could turn to rentvesting in Sydney and Melbourne
Priced out of the major cities, first home buyers could choose to rentvest in what’s becoming a more popular option according to new analysis.
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Who will be the world’s first trillionaire?
The pandemic saw the fortunes of the world's wealthiest people skyrocket with the race now on to become the world's first trillionaire.
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Domain to buy Realbase as it scales holistic solution for agents
Real estate listings portal Domain has agreed to buy campaign management platform Realbase for $180 million.
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Sydney and Melbourne markets swing in favour of buyers
A two-speed Australian property market has started to emerge as demand for real estate in Sydney and Melbourne wanes, new data shows.
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Cindy Crawford’s former Malibu mansion up for grabs for $100 million
A luxury cliffside Malibu estate previously owned by supermodel Cindy Crawford has been listed for sale for a record-setting US$99.5 million.
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PropertyMe celebrates 5000 clients
PropertyMe has this month secured its 5000 client. Doyle Spillane on Sydney's northern beaches brings a further 30 agents and 1100 properties onto the platform.
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New pact to increase women in property ‘tough spots’
A coalition of the property sector's most powerful executives has announced a new initiative designed to ensure women play a meaningful role in major leasing and capital transaction assignments.
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Iconic April Fools’ Day pranks for the ages
There’s a lot of conjecture about how and where April Fools’ Day originated.
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Only one-third of WA tenants get their whole bond back
Little more than 30 per cent of Western Australian tenants received their entire bond back at the end of their tenancy, new data shows.
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Amazon Prime announces season 3 of Luxe Listings Sydney
With season 2 of Luxe Listings Sydney set to air on Friday, Amazon Prime has announced season 3 of the hit series will launch later in 2022.
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What’s good and what’s not in the 2022 Federal Budget
Tuesday's Federal Budget had an overarching theme of reducing the cost of living and come Wednesday morning the real estate sector weighed in what it liked and didn't like about Treasurer Josh Frydenberg's balance sheet.
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Kylie Walsh celebrates first anniversary of REGROWTH with triple treat hire
On the first anniversary of REGROWTH Coaching and Consultancy, Founder Kylie Walsh has named two new directors and a business manager to help facilitate demand and continue a strong growth trajectory.
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Jenkins & Co Property Tasmania launches in Launceston
Jenkins & Co Tasmania has launched in Launceston with the arrival of the boutique brand coinciding with the expansion of UrbanX into the state. After 16 years in the industry, working under the traditional franchise model, Phillipa Jenkins made the decision to launch her own brand, and stand out from her competition, with the support of UrbanX. As the owner…
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Taney Jain: how to become a prospecting and appraisal generating machine
Making rejection your new best friend was just one key piece of advice award winning Reliance Manor Lakes Director Taney Jain imparted in a recent webinar presented by RiTA. A past AREC speaker and Real Estate Institute of Victoria Salesperson of the Year in 2021, Mr Jain explained why “prospecting is the oxygen” for the real estate industry. He also…
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What’s in the budget for real estate
In a federal budget that was as much about a pending election as it was an economic update, Treasurer Josh Frydenberg has pledged to deliver a stronger economy and future for Australia.
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One in three borrowers on the brink of financial stress
Borrowers are starting to feel the pinch of rising living costs, with one in three now on the brink of financial stress, according to new data.
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Katherine McPhee lists renovated Hollywood home
Singer-songwriter and actress Katherine McPhee best known for her stint on American Idol is selling her Hollywood home for US$2.695 million.
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REIQ calls for help for property managers
The Real Estate Institute of Queensland (REIQ) is calling for better support for property managers who are struggling to deal with the ongoing pressure caused by the tight rental market and recent flood events.
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