Real Estate News
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Townhouses drive New Zealand’s housing market transformation
New Zealand's housing landscape has undergone a significant shift, with townhouses emerging as a key driver of growth, according to CoreLogic.
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Units are now outpacing houses in Australia’s property boom
In the past three months, an unexpected trend has emerged in Australia’s property market: apartment prices have surged ahead of house prices in nearly all capital cities, with the exception of Darwin and Canberra, where abundant housing supply has tempered growth.
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Jaymee Le: Balancing motherhood and real estate
As a working mum with four children, Jaymee Le knows a thing or two about hard work and trying to find some sort of work-life balance.
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US buyers drive a surge in international interest for Australian property
International interest in Australian properties has seen a significant jump, with searches from overseas buyers and renters increasing in July.
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Property market delivers record profits for Australians
Australia’s property market continues to solidify its reputation as a reliable wealth-building avenue, with a significant surge in profit-making sales across the nation.
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REA Group’s Ready event set to return in 2025
REA Group has announced the return of Ready, its largest customer event, on August 21, 2025, at Royal Randwick in Sydney.
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Social housing and investor reforms urgently needed
The government needs to focus on building more social houses, eliminate policies like negative gearing and coordinate national rental reform to help address the housing crisis in Australia.
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Sydney records the highest prime rental growth in the world
Sydney has once again recorded the highest annual prime rental growth across 15 of the world’s leading cities.
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AI Powered Agents Course Goes National with Real Estate Institute Partnerships
In partnership with the Real Estate Institute of Tasmania (REIT), Real Estate Institute of the Australian Capital Territory (REIACT), Real Estate Institute of Queensland (REIQ) and Real Estate Institute of Victoria (REIV) the course will be offered across Australia from August 29 to equip real estate professionals with essential AI skills.
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The Gold Coast is set to outshine Sydney as Australia’s luxury property hotspot
The Gold Coast property market is experiencing an unprecedented boom, overtaking other major Australian cities and attracting significant interest from investors and luxury buyers. With a median house price of $1.17 million, the region now boasts the second-highest median property price in Australia, trailing only Sydney’s $1.7 million, according to Ray White Chief Economist Nerida Conisbee.
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Home buyers make offers after just 20 minutes
Home buyers in the UK, are spending less than 20 minutes looking at a home before putting in an offer according to new research.
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Senate launches enquiry to examine first home buyer finance
The Senate has voted to begin an inquiry examining the impact of Australia's financial regulations on home ownership, with a focus on improving access for first-time buyers.
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Domain reports solid jump in revenue and profit
Domain has reported a “strong” set of financial results for the 2024 financial year, with revenue increasing 13.1 per cent to $391.1 million, while net profit increased 27.9 per cent to $49.4 million.
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Record number of suburbs join Perth’s million-dollar club
Perth's property market continues to break new ground with a record 30 suburbs joining the million-dollar club in the 2023-24 financial year.
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Spring selling favours vendors in Adelaide and Perth
The upcoming spring selling season is expected to be particularly good in Adelaide and Perth as vendors cash in on high prices.
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NAR facing lawsuit over access to listing platform
Beleaguered NAR has been hit with another lawsuit, however, this time it’s aimed at the industry requiring agents to be members to access their real estate listing platform.
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Foreign investors drive commercial property sales to $11.5 billion
Foreign investors have made a significant return to Australia's commercial property market, driving sales to $11.5 billion in the first half of 2024.
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Harcourts bids big for mental health with Blue Friday auctions
Harcourts Australia is getting ready to paint the country blue, with its nationwide auction event to raise money for mental health and wellbeing charity Beyond Blue.
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Laing+Simmons trains property managers with crime-solving skills workshop
Laing+Simmons has collaborated with team building and communication experts, Crime Story, in a unique training session to equip their property managers with crime-solving skills that transfer to their daily real estate roles.
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Buyers’ optimism grows, but affordability challenges slow property searches
Prospective buyers feel positive about entering the property market, but once the house hunt starts, affordability challenges mean it takes longer to find a home than first desired.
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Marcus Washington: Balancing success and lifestyle
A few years ago, Marcus Washington was struggling to find some sort of balance in his life.
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Housing affordability remains challenging in New Zealand
Housing affordability in New Zealand continues to be strained despite weaker property prices and rising incomes.
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Buyers find more options as property supply rises
Properties will need to be priced right coming into the spring selling season, with the latest data from Domain showing momentum is swinging towards buyers.
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Nationwide workshops to shape future of property services qualifications
BuildSkills Australia (BuildSkills) will hold consultation workshops around the country as part of qualification reform in the property services industry.
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One-minute data: Rental vacancy rate stabilises as investors return
The national rental vacancy rate held steady at 1.42 per cent in July, with some cities seeing improved conditions.
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Construction costs spike again, driving property prices to new heights
Last year, it looked like the rapid rise in construction costs had come to an end.
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Kolmeo’s new platform to deliver smart, on-demand services for tenants and landlords
Property management software provider Kolmeo has launched an innovative new platform for its subscribers aimed at helping them meet their tenant and landlord needs and create an extraordinary customer experience.
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One-minute data: Perth’s rental market shows signs of easing
Perth's rental market is showing slight signs of easing, with the vacancy rate inching up in July.
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Step inside Polly Pocket’s life-sized dream compact adventure
Would you like to stay in a home that's pink, plastic, and doesn't have a working shower?
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Buyers cautious with economy stuck between a ‘rock and a hard place’
The Australian property market is currently mixed with the economy trapped between a ‘rock and a hard place’ and buyers are becoming more cautious according to a new report.
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REA Group reports revenue and net profit surge
REA Group has reported strong financial results for the year ended June 30, 2024, with revenue up 23 per cent and net profit climbing 24 per cent year-on-year.
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Ex-partners forced to live together to save money
Almost one in five Australians have been forced to remain living with an ex to save money on housing costs.
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