Real Estate News
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Grand $17.5 million mansion with an epic saltwater aquarium goes up for sale near Manhattan
Just a 30-minute drive from the bustling heart of Manhattan lies Villa Paradiso, a Mediterranean-inspired mansion in Rumson, New Jersey, listed for a whopping $17.5 million.
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RBA keeps interest rates on hold a 4.10 per cent
Australian mortgage holders are breathing a sigh of relief this afternoon after the Reserve Bank of Australia opted to keep interest rates on hold.
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Domain launches new AI-powered agent tool
Domain has launched a new AI-powered tool that will help agents identify properties within their CRM, that are likely to come to market within the next 12 months.
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More student accommodation needed to keep up with demand
Developers haven’t been building enough student accommodation, and with international student numbers surging, it’s been putting more pressure on housing supply according to an expert.
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Property prices have nearly recovered all their declines
Property prices rallied again in July and have now nearly recovered all of their 2022 declines, according to PropTrack.
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Adelaide house prices hit a new record high of $700,000
Adelaide’s property market has been arguably the best performed over the past few years, with the median house price hitting another record high in June.
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First 3D-printed house in Wolf Ranch completed
The first house in the world's largest 3D-printed neighbourhood has just been completed.
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Graeme Hyde joins Stone Real Estate
Stone Real Estate has appointed experienced industry leader Graeme Hyde to its corporate team as Chief Performance Officer.
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Auction volumes keep rising, but buyers are still out in force
Despite the unseasonal increase in auction activity, the preliminary auction clearance rate continues to hold above 70 per cent with a “massive” number of registered bidders showing up on auction day.
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Could empty offices become affordable housing?
Empty office buildings in Melbourne’s CBD could be turned into apartments and create as many as 12,000 homes, new research has discovered.
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Kolmeo integrates with CustomerGauge
Property management software provider Kolmeo has integrated with customer experience platform CustomerGauge, to unlock Net Promoter Score (NPS) reporting capabilities for its customers.
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Experts predict the RBA will keep interest rates on hold
With inflation cooling, experts have predicted the Reserve Bank of Australia (RBA) will keep interest rates on hold, in what would come as welcome relief for struggling households.
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Sewing the seed to succeed: Bloom Commercial Property launches with UrbanX
The desire to work towards a life of growth and freedom led Sam Turkan to launch the aptly named Bloom Commercial Property.
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Harcourts to attempt 500 auctions on ‘Blue Friday’
Harcourts is hoping to “hit the ground running”, this spring with a world record attempt for the most number of auctions in one day.
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When will movers return to the NZ market?
Owner-occupiers in New Zealand have been quiet over the past 12 months, with weak sentiment and higher interest rates holding movers back from relocating.
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Real estate experts call for action against rental crisis
Real estate experts have called on property managers, agency owners and investors to make a serious amount of noise about the worsening rental crisis, imploring state and federal governments to ditch thoughts of rent freezes and rent caps, which they say will only make the problem worse.
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NSW Central Coast’s Coleman Estate Agents joins The Agency
The Agency Real Estate (ASX:AU1) has further cemented its presence on the NSW Central Coast with Coleman Estate Agents joining the national real estate brand.
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Property prices have recovered half their declines
Property prices have continued to gain momentum in the June quarter with values now halfway into their recovery according to a new report.
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Odds of an August rate hike slashed as inflation cools
There might be relief ahead for mortgage holders with the odds of an August rate hike slashed after a softer-than-expected inflation reading.
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Real estate consumers call for one agency for life
Almost two-thirds of Australian real estate consumers would prefer to have one agency for all of their property needs in their lifetime, according to new research.
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New Zealand claim honours in Real Estate of Origin
The Kiwis have claimed bragging rights after Ray White’s 12th Real Estate of Origin, securing a huge 2498 appraisals in just four hours this week.
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Property settlement volumes finish FY23 strongly
Property settlement volumes have trended significantly downward in the most recent financial year, but remain well up on pre-pandemic levels, according to new data from PEXA.
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Steve Maidment joins REA Group as Chief Technology Officer
A technology expert with international experience, Steve Maidment has joined REA Group as Chief Technology Officer.
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Building Inspections Gold Coast: Palm Beach shacks signal rising trend
An original Palm Beach shack that sold within a day of hitting the market for the first time, is evident of a building and renovation boom in the highly-sought Gold Coast suburb.
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House in the same street as The Block homes comes up for sale
If you think you can do a better job of renovating a home than the contestants on TV series, The Block, then a Hampton property in Melbourne, might just give you an opportunity to test your skills as a renovator.
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Property market still faces “significant headwinds” despite a rebound in prices
After six months of property prices rising in the face of high-interest rates, the ongoing recovery still faces “significant headwinds” in the second half of 2023 according to the latest Herron Todd White (HTW) Month in Review.
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Tasmania top of the states for economic performance
Tasmania has the nation’s best performing economy, including leading the way on equipment investment and dwelling starts.
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NZ sales activity jumps and prices should follow
There are signs of life in the New Zealand property market, with new data showing that sales volumes are on the rise, which will begin to put upward pressure on prices.
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Higher cash rate hitting new home sales
The sharpest increase in the official cash rate in history has seen new home sales across the country continue to fall.
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Some relief for QLD renters as vacancy rates rise
There are some green shoots appearing for desperate renters in Queensland, with vacancy rates slowly starting to rise.
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Suburbs set to thrive from Brisbane Olympics
As Victoria deals with the fallout from cancelling the 2026 Commonwealth Games, the 2032 Brisbane Olympic precinct in Brisbane’s Inner South has topped a list of the city’s property hotspots.
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High ambitions built on impeccable service: How Gary Singh plans to dominate his market.
Creating amazing customer experiences has been at the centre of Gary Singh’s real estate success.
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High-interest rates the key driver of commercial property in 2023
The Real Estate Institute of Australia (REIA) expects to see interest rates remain at elevated levels, which will continue to drive commercial capitalisation rates higher over 2023.
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Victorian properties at high risk of damage from rising seas
By 2100 more than 150,000 Victorian properties could be at high risk of damage from sea level rise and storm surge, according to new research on the impact of climate change on the state.
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Reaching his peak: Mark Poole launches Poole Property
After 12 years in real estate, Mark Poole has decided to take the plunge and create something extraordinary - launching Poole Property in partnership with UrbanX.
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