Real Estate News
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More than half of property managers have dealt with domestic violence in tenancies
The Real Estate Institute of Australia (REIA) surveyed property managers earlier this month about their dealings with domestic violence issues while on the job. The survey found 57 per cent of property managers have coped with domestic violence in tenancies over the past 12 months, with 30 per cent managing such issues two or three times each year. REIA President…
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PRD Nationwide Ballarat has used RiTA by AiRE to win more listings
PRD Nationwide Ballarat director and sales manager Jason Birch recently joined RiTA by AiRE growth specialist Tristan Lovell in a webinar dedicated to sharing ways to accelerate your leads and listings ahead of the spring season.
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REA Group welcomes Eleanor Creagh as new senior economist
REA Group has announced the appointment of Eleanor Creagh as a senior economist. As a trusted financial commentator, Ms Creagh is set to bring a wealth of experience in local and international capital markets to the senior economist role. Working alongside REA Group’s Director of Economic Research, Cameron Kusher, Ms Creagh will play a fundamental role in driving forward the…
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CoreLogic NZ expects mortgage lending volumes will ease
CoreLogic New Zealand (NZ) has tipped lending activity will slow down over the coming months with mortgage rate increases on the horizon. This comes despite property sales activity remaining solid in June. CoreLogic NZ Chief Property Economist Kelvin Davidson said it was interesting that first-home buyers had a monopoly on mortgage lending with less than a 20 per cent deposit.…
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REI Super ranked eighth best performing fund across Australia
REI Super was ranked the eighth best performing super fund by the Australian Financial Review for the last financial year.
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Rental Heroes appoints new national sales manager
Melbourne-based proptech Rental Heroes launched in January 2020 and already has over 50,000 tenants across Australia who are subscribed to it's AI chatbot.
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Cheaper for small businesses to buy commercial property than lease
Raine & Horne Commercial have released their second quarter 2021 edition of Commercial insights, supplying the industry with an insight into the health of the commercial property market in Australia.
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New webinar reveals how to successfully prioritise agency legals
O*No Legal founding director Kristen Porter will explain in an upcoming webinar why the biggest challenge real estate agent principles, head of operations, or business owners face is protecting their most valuable asset - their agency.
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Real estate coach Sherrie Storor has a focus on agent photoshoots
Real estate coach Sherrie Storor will be hosting on-site photoshoot sessions offering hands-on guidance on what agents should capture in a photoshoot for their social media profile.
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Most millennials believe the housing market needs more regulation
The majority of millennials (70 per cent) believe the housing market should be more heavily regulated, according to HomeLoanExperts.com.au.
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Western Australian regional centres enjoy a spike in house prices
Eight of WA's nine regional centres have experienced growth in median house sale prices throughout the June 2021 quarter.
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Overseas investment in US homes falls to the lowest level in a decade
Overseas buyers purchased US$54.4B worth of existing homes in the US from April 2020 through March 2021. This was the lowest level in a decade.
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Industry leaders respond to Labor’s negative gearing pledge
ALP leader Anthony Albanese has pledged his part will not restrict negative gearing or increase capital gains tax if they win the next election.
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Investors and owner-occupiers leap onto the booming Gold Coast market
While owner-occupiers want to downsize, investors are focused on the Gold Coast in the wake of historically low rental vacancy rates.
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Why current restrictions will have different impacts to Melbourne’s 112-day lockdown last year
Ray White chief economist Nerida Conisbee has analysed the parallels between Melbourne's 112-day lockdown last year and what is happening across Melbourne, Sydney and Adelaide now in terms of property listings and sales.
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Australian residential auction market records the busiest period in four years
The three months to June proved the busiest auction period since December 2017, according to new insight from CoreLogic.
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John Legend and Chrissy Teigen sell Beverly Hills home for $7.15 million less than asking price
Musician John Legend and his model wife Chrissy Teigen have sold their Beverly Hills home for around US$16.8 million.
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Demand from South Australian residents drives Adelaide’s price growth
Adelaide's real estate market grew by almost 14 per cent over the last financial year, according to Raine & Horne.
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Luxe Listings Sydney star Gavin Rubinstein is the first Ray White agent to reach ‘elite’ status this financial year
Luxe Listings Sydney star Gavin Rubinstein has kicked off the new financial year on a very high note.
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Auctions continue to net higher prices: Ray White
Regardless of whether they occur online or on site, auctions are more likely to result in a higher property sales price, according to new data from Ray White.
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Fewer properties taken to auction due to multiple lockdowns
There were 1849 homes taken to auction across the combined capital cities this week, resulting in a preliminary clearance rate of 74.8 per cent this week.
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Going back to basics: Holly Longmuir
Box+Dice Chief Executive Officer Travis Williams quizzes RT Edgar Mornington Peninsula Managing Director Holly Longmuir on how they get the most out of their CRM and which key metrics most help the business.
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New Zealand hits a turning point in the property investment market
The recent uptick in mortgage interest rates is yet another influencing factor in the New Zealand residential property investment landscape, with CoreLogic suggesting the market is close to a significant turning point.
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REA celebrates National Property Managers Day
REA Group has commended its property manager customers across the country on the second National Property Managers Day. National Property Managers Day encourages agencies, landlords and tenants to publicly celebrate the efforts of outstanding Property Managers who play a significant role in Australia’s real estate industry. REA Group executive manager of Rent, Jarrod Scott commended the Real Estate Institute of…
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Inside a US$169 million NYC penthouse in the controversial 432 Park Avenue building
The 432 Park Avenue building in New York City has been subject to controversy in the past few years, with reports of apartments flooding and the building swaying in the wind because of its 426m height.
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EVENT sells $79.6 million of commercial property, cinemas reeling from lockdowns
EVENT Hospitality and Entertainment, best known for the Event Cinemas franchise, has sold $79.6 million worth of non-core property assets.
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Building trust is the secret weapon to winning listings
New research from marketing automation platform ActivePipe has revealed the extraordinary power that staying connected and building trust has in helping agents win new listings. The Trust Report: What consumers want from real estate agents examined the factors that influence how people choose a real estate agent and what builds trust and drives loyalty, from deep-dive research with 124 property…
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Low interest rates not solely responsible for property price growth
New analysis from the Property Investment Professionals of Australia (PIPA) has found that property price growth is less dependent on low interest rates than commonly believed.
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Record low vacancy rates continue to impact Queensland
Nearly two thirds of local government areas in Queensland have recorded their lowest or equal lowest residential vacancy rates since 2010 as the state's rental market continues to tighten.
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What Simon looks for in a lover (TMI): Luxe Listings Sydney Episode 3 recap
Welcome back to our weekly recaps of LLS. We’re in the mood for efficiency tonight, so in line with the TRG vibe, we have just decided to dispense with lengthy phrases and titles and just go with acronyms and abbreviations for you. We honestly wish we could have fast forwarded through the various ‘downstairs’ topics of this episode but we…
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REA offers an insight into what’s changed in property management in the past 12 months
Record rental inquiries, digital inspections, and legislative changes...aside from the ongoing impacts of lockdowns there's a lot going on in the rental and property management space. REA Chief Consumer Product Officer Val Brown explains how the group is catering to the shift with an update on REA's rent strategy.
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CoreLogic launches their digital RP proposals platform
CoreLogic has launched RP Proposals, a new digital solution that aims to streamline the real estate industry.
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Celebrating National Property Managers Day
National Property Managers Day is July 23, raising awareness of the challenge property managers face and celebrating their hard work.
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What the 2032 Olympic Games means for Brisbane’s property market
CoreLogic Asia Pacific research director Tim Lawless believes the 2032 Olympics should work as a positive influence on the Brisbane housing market.
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David Bowie’s SoHo apartment sold for $17 million in just one month
Late glam-rock legend David Bowie's New York City apartment has sold for US$17 million, after just one month on the market.
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