Real Estate News
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Ryan Serhant expands into six new markets
While other US brokerages have been cutting back amid a widespread market slowdown, celebrity agent Ryan Serhant has been busy expanding.
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Tiny but mighty Auckland home goes to auction
Cute and compact, this tiny Auckland home was on-trend long before 'tiny homes' officially became cool.
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The unbreakable agency: learn the legal ‘must haves’ for long-term success
If you’re looking to establish your own agency, you don’t just need to focus on listings and sales but ensuring you have a rock-solid legal foundation to set yourself up for long-term success.
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Couples moving in together sooner to save on rising housing costs
New couples are moving in together faster and leaving the romance at the door, in a bid to try and save on the escalating cost of housing.
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NSW and Victoria still the focus for commercial investors
Commercial investors remain focused on both NSW and Victoria in 2023, however, Western Australia is proving a popular option for speculators according to an expert.
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Rents surge in longest ever stretch of price growth
Tenants continue to face extreme financial pressure, with rents rising at the fastest rate since before the pandemic.
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Elders Lifestyle Group bold move to Brunswick Heads
Elders Lifestyle Group Expands Presence on NSW North Coast with Acquisition of Elders Brunswick Heads
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Refinancing hits a record high as borrowers try to combat rising rates
Rising interest rates are pushing increasing numbers of borrowers to refinance in search of lower interest rates, while new loans have continued to decline according to new data.
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Short-term rentals not behind housing crisis
A real estate expert that specialises in short-term holiday rentals has said banning them would not solve the nation’s housing crisis but it could decimate small, regional economies that rely on tourism.
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Rental market reaccelerates from supply shortage
A chronic shortage of rental properties across Australia has reignited growth in weekly rents and further tightened already low vacancy rates.
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RBA hits pause on interest rates for now
After 10 straight rises the Reserve Bank of Australia has today elected to keep interest rates on hold, pausing the cash rate at 3.6 per cent.
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New shared equity fund to help hundreds of buyers
An innovative real estate industry leader is looking to help as many as 200 homebuyers get their foot on the property ladder over the next 12 months through a new shared equity fund for residential property.
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Bombshell US court ruling could see agents forced to reimburse sellers
An explosive court ruling in the US has opened the door for potentially millions of sellers to seek to be reimbursed for commissions paid to buyer's agents between 2015 and 2020.Â
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New Zealand 3D prints a childcare centre
The southern hemisphere’s first commercial building featuring 3D printed concrete walls has been completed in Hamilton, New Zealand.
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Smaller capital cities are the standout performers in a ‘segmented’ market
The smaller capital city property markets of Adelaide, Perth and Darwin have been the standout performers from across the country, while Melbourne continues to struggle, according to a new report.
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The effects of the housing crisis on real estate professionals
Property management is a high pressure, high stress job that can take an emotional toll on property management staff at the best of times.
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Flight to quality for East Coast CBD office space
Businesses are demanding A-grade CBD office space in Melbourne and Sydney as employers try to entice workers back to the physical office.
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NurtureCloud reshaping the real estate industry
Ray White embarked on its journey with the PropTech platform NurtureCloud in 2021 to reshape the way real estate is conducted in Australasia.
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Home Value Index rises for the first time in almost a year
CoreLogic's national Home Value Index (HVI) increased 0.6 per cent in March, marking the first month-on-month rise since April 2022.Â
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Housing shortfall tipped to worsen rental crisis
Australia’s housing crisis is set to worsen, with the nation expected to experience a shortfall of 106,000 homes over the next five years.
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Experts weigh in on interest rate debate
More than one-third of experts in Finder’s RBA Cash Rate Survey believe the central bank will put the cash rate on hold at its meeting today.
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Low stock levels fuelling national property price rises
Positive demand drivers, including low stock levels, are keeping a floor under property prices with national values rising for the third consecutive month in March.
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Banking crisis could see reduced investment in Australian property
The turmoil across the US and European banking sector could see reduced investment in Australian commercial and residential property according to an expert.
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One-in-five new buyers want an inner city home but can’t afford it
New home buyers in Victoria want to be living in established areas, but a lack of suitable options is making that impossible according to a new report.
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Look to the regions for affordable property
Home loan affordability may be declining but the great Australian dream of owning your own home is still alive, if buyers are prepared to look outside capital city and metropolitan areas.
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Ben Reynolds makes the move in Mudgee to UrbanX
Ben Reynolds, fuelled by his long-time dream of making a mark in the real estate industry, has made the leap and launched Reynolds Estate Agents in partnership with UrbanX. Based in the stunning Mudgee region in rural NSW, Ben has earned a stellar reputation as one of the most respected agents in the area. As a result, he has decided…
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Mark Kentwell opens new “statement” office
Award-winning real estate agent Mark Kentwell has announced the opening of PRD Presence office in Toronto, on the waterfront of Lake Macquarie.
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One in four borrowers are paying over 6.5 per cent on their mortgage
Rising interest rates have caught borrowers off guard, with one-in-four now paying over 6.5 per cent interest on their mortgage.
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Highlights from The Tesolin Conference
The power of family, hard work and creating competition was on display at the inaugural The Tesolin Conference today.
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Will drop in inflation bring a rates pause?
Inflation has fallen for the second month in a bring, bringing with it renewed hope the Reserve Bank will pause interest rates next week.
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Ruff times for pet owners: Oaklands Park earns top ‘sad puppy’ score
The southern Adelaide suburb of Oaklands Park has been ranked the hardest in Australia for tenants with pets to secure a rental, according to new research.
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5 things to know about New Zealand’s refinancing wave
The steady flow of existing mortgage borrowers across NZ who have had to stomach higher interest rates each time they come up to a loan repricing has been a constant theme in property and personal finance for some time now.
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AuctionWORKS brings the hammer down on 60,000 auctions
Leading auctioneers, AuctionWORKS has officially brought the hammer down on more than 60,000 auctions and in excess of $40 billion in unconditional sales after 26 years in business.
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PMVA secures six-year lease with Clark Global City
Property Management Virtual Assistant (PMVA) has extended its lease with Clark Global City for six more years, allowing the company to improve its market-leading services even further.
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Mansion with its own $300,000 gym hits the market
Fitness enthusiasts tired of overcrowded gyms might want to take a look at this exclusive mansion that comes with its own commercial-sized gym - fitted out with $300,000 worth of equipment.
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