Real Estate News
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LJ Hooker focuses on employee wellbeing and mental health support on R U OK? Day
LJ Hooker has voiced its recognition of the challenging work conditions real estate agents are currently facing, so they have offered teams the afternoon off on R U OK? Day.
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Josie Smith joins Century 21 to launch Ipswich office
Award-winning real estate agent, Josie Smith, has never been one to follow the crowd; always the captain of her own ship, Ms Smith plans to continue bucking the trend in her new role as director of Century 21โs Ipswich office. The new office officially opened on September 1, servicing one of Australiaโs fastest growing, emerging cities. โOur mission is to…
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Knight Frank appoints a national head of investment sales
Knight Frank has appointed a National Head of Investment Sales, with the goal of strengthening its client offering in this sector.
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The Eview Group reaches 200 agent milestone
The rise of boutique agency ownership has seen the Eview Group grow its operations to 200 plus sales agents.
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The impact of discrimination in the private rental sector
Discrimination towards tenants in the private real estate sector has been highlighted by new AHURI research, but an expert believes these issues can be repaired through more education.
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Rental affordability improves across Australia
Rental affordability improved marginally across Australia by 0.3 percentage points over the June quarter, according to REIA.
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Cash rate steady as housing remains ‘one of the few positive indicators’
CoreLogic Research Director Tim Lawless shared his reaction to the Reserve Bank of Australia maintaining their cash rate hold at 0.1 per cent.
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โLocked down and locked outโ: REIV campaigns to open real estate safely
The Real Estate Institute of Victoria (REIV) has mounted a campaign against property market restrictions on behalf of the tens of thousands of sector employees and impacted Victorians.
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Reserve Bank of Australia maintains historic cash rate hold of 0.1 per cent
The RBA announced the national interest rate will remain on hold at the historic low of 0.1 per cent.
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RBA’s cash rate hold of 0.1 per cent will motivate Australians to look into refinancing
Mortgage Choice and Smartline CEO Susan Mitchell said the Reserve Bank of Australia's (RBA) decision to keep the nation's official cash rate on hold at 0.1 per cent will continue the increasing trend of refinancing.
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Gavin Rubinstein says Luxe Listings Sydney has made his business ‘magnet of attraction’
Celebrity agent Gavin Rubinstein says he has been shocked by the tsunami of people who want to work with him sinceย Luxe Listings Sydneyย aired on Amazon Prime in early July.
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Sydney homebuyers might have to find another $76,600 in the next 12 months
Experts in Finder's RBA Cash Rate Survey have estimated property prices are set to rise an additional 8 per cent by July 2022.
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Elara Technologies rebrands to REA India
Australian-based REA Group has partnered with Indian digital real estate portal operator Elara Technologies to unveil a new brand, REA India.
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Domain appoints new Chief Revenue Officer John Foong
Property marketplace Domain has announced the appointment of John Foong to the role of Chief Revenue Officer.
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Belle Property Paddington is set for a spring spruce up
Belle Property Paddington just out of Brisbane's CBD, is set for a spring makeover with a relocation to new premises next month.
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Openn USA has appointed their new Director of Operations
Australian PropTech company, Openn Negotiation, has announced a significant update to the progress of their international pilot program, Openn USA.
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Vast majority of experts say vaccine passports are an economic necessity
Vaccine passports will be an essential tool for economic recovery, according to experts in a new poll from Finder.ย
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Independent Surfers Paradise specialist Sam Mansy embraces @Realty OASIS
Award-winning Surfers Paradise specialist Sam Mansy has explained how @realtyโs support model for independent agencies gave him the confidence to forge his own path.
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Record breaking month for Brian Whiteman’s The Agency Central Coast team
The Agency's Brian Whiteman and his Central Coast team have closed in on over $1 million in gross commission income (GCI) for the month of August, becoming the top performers in the region.
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Rent Roll Starter launches new social media marketing training program
Rent Roll Starter has launched a free social media marketing-focused training event called The Social Summit.
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Propy completes the first auction of a property as a non-fungible token
US real estate platform Propy has completed the first auction of a property as a non-fungible token in a move that demonstrates how blockchain could change real estate in the future. Held in late June, the 24-hour auction involved a token for an apartment in the Ukraine which attracted 43 bids and sold for 36 ETH (or around US$93,000), with…
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Lower volumes lift the auction clearance rate
Auction volumes have dropped this week, but the clearance rate has risen, with 1535 properties taken to auction nationally, res
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REA Group expands LivePreso partnership to include commercial and developer sales
REA Group has partnered with automated digital content platform LivePreso to include commercial and developer team opportunities
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Married couple Kass and Peter Livesey launch their own Sunshine Coast agency
Kass and Peter Livesey wanted whatโs best for their family. They just opened Sunshine Coastโs newest agency, Livesey Property Co in Tewantin.
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Melbourne’s student housing reduced to “skeleton skyscrapers” amid international border closures
Border closures that stopped thousands of international students studying at Australian universities, has reportedly caused entire buildings to remain vacant, impacted on small businesses, and left self-funded retirees worried about how they will pay their mortgages.ย
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Hangover from previous rental assistance could render new initiatives inadequate
REIACT has tentatively welcomed the announcement of rental assistance incentives for both residential and commercial tenancies.
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How has the current housing market coped with lockdown compared to 2020?
The past year saw remarkable levels of adaption in the real estate sector, according to CoreLogic. But are we coping better than 2020?
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First-home buyers flee as property prices continue to surge
First home buyer numbers have plummeted over July as the housing affordability crisis continues, according to REIA president Adrian Kelly
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Lockdown not a predictor of low national vacancy rates
While national vacancy rates remain steadily low in August, capital cities have seen varying rates that are not always congruent with their lockdown status, according to Domain.
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Ray White Ashgrove welcomes new franchise owner Adam Downes
Real estate coach Adam Downes has just taken over the reins at Ray White Ashgrove. He has worked for the family group for the last eight years
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Cooley partner David Holmes wins REIQ auctioneering competition
Cooley partner David Holmes recently won the annual auctioneering competition held by the Real Estate Institute of Queesland (REIQ).
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REA Group announces Benny Button partnership for customers
A new wellbeing webinar series designed to help agents cope with pandemic-induced stress and consistent market disruption has been launched. REA Group has partnered with workplace mental health assistance provider Benny Button to develop the three-part webinar series, which focuses on wellbeing fundamentals, stress mastery and leading innovation. REA Group Chief Sales Officer Kul Singh said the series would be…
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Pet ownership has surged, but so has the number of animals being surrendered
Google Search data indicates more Australians are looking to adopt a dog as lockdowns continue, but shelters are reporting more returns.
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National home prices continue to rise but housing boom is slowly losing steam
Affordability constraints, rather than lockdowns, have slowed but not halted the rise in property values, according to the latest report from CoreLogic.
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Is the home and business lending surge about to slow down?
Finance broker Savvy has analysed the latest ABS lending indicators to uncover whether the increase in new loan commitments has peaked yet.
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