Real Estate News
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Harcourts Ascot face floods along with clients
It took less than an hour for Harcourts Ascot to go from being one of the most stylish office’s in the group to being a meter under water.
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Investor loans hit a record high as affordability pressure mounts
Loans to investors jumped 6.1 per cent in January, showing “investors are backing the housing market”.
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Perth house prices still the most affordable in the country
While house prices have been rapidly rising across the country, Perth values haven’t kept pace with the East Coast.
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The digital difference: how Openn sale generated $58,000 more
Two properties on the same street, with almost identical sizes, layouts, and features sold using different sales methods, with one seller walking away with $58,000 more in their pocket than the other.
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REA Group delivers increased value for leasing agents
REA Group has this week announced the expansion of its Connect offering to now include tools and services for leasing agents. First released to sales agents in April 2021, Connect aims to streamline prospecting and helps agents win more listings with less effort.
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Ray White Queensland appoints Michael Andrews Chief Operating Officer
After being with Ray White for over 21 years, Michael Andrews has been appointed the Chief Operating Officer at Ray White Queensland.
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Demand for WA industrial assets set to continue
The WA industrial and logistics sector was the strongest performer in 2021 across all commercial asset classes, with demand set to increase in 2022.
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Jerry Seinfeld sells his luxury ski retreat
Comedian Jerry Seinfeld and his wife Jessica have sold their 26-acre Telluride luxury ski retreat for US$14 million.
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Interest rates on hold as world watches war in Ukraine
The Reserve Bank of Australia is closely watching the war in Ukraine and has elected to keep interest rates on hold for now at 0.1 per cent.
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Sydney housing prices drop, Melbourne’s stall
Sydney housing values have fallen for the first time in 18 months, while Melbourne’s remain stalled, in the biggest sign yet the property market is levelling out.
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Rise in listings likely to slow price growth
The surge in new properties listed for sale is likely to continue until May, putting downward pressure on price growth according to a leading agency.
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OIKOS Real Estate launches with a focus on relationships and creating life-long clients
With over 25 years of combined real estate and business experience, Nunzio Lo Castro, Harrison Mastrapostolos and Angela Mastrapostolos have joined forces to launch their own brand, OIKOS Real Estate, powered by UrbanX. After working under the traditional model for a number of different brands throughout their careers, they knew if they wanted to continue to grow, they needed to…
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Ryan Serhant to launch a virtual world
Million Dollar Listing New York star and luxury agent Ryan Serhant has announced the launch of his virtual world, which is to be named UNIVERS.
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C21 continues expansion with two new offices
Following the rapid success of her Forbes office, Century 21 Principal Tara Kelly has opened a brand-new office in the diverse and thriving regional city of Parkes, in central NSW.
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Australia facing a housing supply crunch
Australia could be facing a ‘concerning’ housing shortfall of 163,400 homes by 2032 leading to further affordability issues according to a new report.
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Troy Malcolm returns to McGrath in executive role to drive growth and productivity
Troy has been appointed national general manager of sales and will focus on driving the momentum and growth of the company across all East Coast markets. The Announcement: Leading residential agency McGrath Estate Agents today announced the appointment of respected real estate industry executive Troy Malcolm as National General Manager of Sales for the company. The newly created role was…
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BresicWhitney appoints Will Gosse chief operating officer
Will Gosse will play a key role in the agency's growth over the next five to 10 years, as it expands its reach with a 10km radius of the Sydney CBD.
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Pharrell Williams sells his Californian pad
Hip-hop superstar Pharrell Williams has sold his luxury Hollywood Hills home to a tech millionaire for US$9.2 million.
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The street names that boast the highest prices
Grandview…The Esplanade…The Avenue…some street names just have a nice ring to them. And according to Ray White Chief Economist Nerida Conisbee, they command a higher price tag as a result.
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Experts tip cash rate to rise before end of 2022
More monetary policy experts are tipping an interest rate rise before the end of the year, despite not expecting the Reserve Bank of Australia to lift the cash rate tomorrow.
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Area Specialist appoints two top trainers
Area Specialist has appointed two of Australia’s best real estate agent coaches to guide and support its agents.
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Anna Kendrick buys Muse drummer’s mansion
Academy Award nominated actress Anna Kendrick has reportedly splashed out US$7 million to buy the Hollywood Hills Estate owned by Muse Drummer, Dominic Howard.
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Record profits for NZ homeowners
Price growth in New Zealand might be slowing, but homeowners still have plenty to be happy about with the booming housing market leading to 99.3 per cent of properties being resold at a profit
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The busiest February auction week on record
This week proved the busiest February auction week on record, with 3384 properties taken to auction across the combined capitals.
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Landlords missing out on an important tax deduction
Landlords could be missing out on some significant tax deductions over the lifetime of their investment properties, according to industry experts.
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RE/MAX Revolution sisters on the hunt for more success
Queensland sisters Eiles and Brittany Hunt have won RE/MAX Australia’s prestigious Titan Club Award in their first year as sales agents after writing $900,000 gross commission income (GCI).
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NZ property prices to grow by less than 5 per cent
New Zealand property price growth is likely to dip below five per cent this year as rising interest rates start to bite according to an industry expert.
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Queenslanders view real estate agents in a positive light
While real estate agents can sometimes get a bad rap, a new survey shows people view agents in a positive light with most seeing them as friendly, helpful and accessible.
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Supermodel Sara Sampaio buys digital private island
Portuguese supermodel and Victoria’s Secret Angel, Sara Sampaio has bought herself a private island – the only problem is she can’t physically step foot on it. The digital island is in The Sandbox metaverse and cost the model 25 Ethereum, a cryptocurrency, worth about $110,000. According to Domain, the island was sold through the website Exclusible, and was one of…
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Dynamic duo open third C21 office
Following the rapid success of their two existing Century 21 offices, experienced directors, Evan Wei and Jimmy Luo have opened a third office in the Inner Western Sydney suburb of Strathfield.
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Husband and wife team score coastal gold with second Raine & Horne office
The husband and wife team of Jason and Jacqui Read, co-principals of Raine & Horne Coomera, will also lead Raine & Horne Nerang. The Announcement Mr and Mrs Read opened Raine & Horne Coomera in the middle of 2018, and the launch of Raine & Horne Nerang follows the dynamic duo’s purchase of an office that previously operated under the…
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MoxiWorks acquires Aussie CRM ActivePipe
Leading US-based real estate technology platform, MoxiWorks, has announced the acquisition of the Australian lead nurturing platform ActivePipe.
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NSW, Victoria, ACT contain most tenant- friendly suburbs
NSW, Victoria and the ACT contain the most suburbs where rental conditions have changed to favour tenants in the past 12 months, according to new research.
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Brisbane inner-city agent Jonzun Lee launches his own business
Jonzun Lee, a stalwart of the Brisbane real estate industry has just launched a new business and brand with his wife Maria after two decades in the industry.
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Victorian housing tax to add thousands to cost of new home
A new Victorian Government housing tax could see the cost of a new home jump $20,000 with first-home buyers to bear the brunt of the price rises according to industry experts.
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