Real Estate News
-
One in two property markets declined in 2022: CoreLogic
Record high inflation, rising interest rates and weak consumer sentiment are leading to falling home prices, with new data showing that one in two markets declined in value in 2022
Read More » -
Our favourite new tech ideas from CES 2023
The annual Consumer Electronics Show in Las Vegas was back with a bang this January, with no shortage of new tech ideas that could help give agents the upper hand.
Read More » -
Top lifestyle real estate specialist joins RE/MAX
A desire to deliver great outcomes for sellers and buyers of rural and lifestyle properties has led NSW Central Coast agent Tim Jarvis to join the RE/MAX Pamilya Properties team.
Read More » -
Katie Lance: 3 social media predictions for 2023
Real estate agents should focus on three key areas when it comes to social media in 2023, according to US social media expert Katie Lance.
Read More » -
The Agency appoints Sally O’Connell to GM of Sales for Victoria and Tasmania
The Agency has appointed Sally O’Connell to the role of General Manager of Sales - Victoria and Tasmania, with the former Macquarie Bank executive hoping to replicate the success the brand has seen in the NSW and Western Australia markets.
Read More » -
Million Dollar Bogan raises $35,000 for mental health support
Geelong real estate agent and Big Brother star Daniel Hayes has helped raise $35,000 for telephone crisis support organisation Lifeline, with his charity motorcycle ride.
Read More » -
New Zealand unlikely to ease borrowing restrictions in 2023
The Reserve Bank of New Zealand is unlikely to ease current loan-to-value ratio restrictions that require investors to cough up a minimum deposit of 40 per cent, CoreLogic New Zealand's Chief Property Economist Kelvin Davidson says.
Read More » -
Rental listings the lowest they’ve been since 2003, PropTrack finds
The number of rental listings advertised in Australia's capital cities has reached its lowest point in nearly 20 years, according to PropTrack.
Read More » -
Gnome sweet Gnome: Josh Horner launches The Horner Agency with UrbanX
Former Dancing With The Stars host turned real estate agent, Josh Horner, has propelled himself further into the spotlight, launching his alternative high-energy real estate business, The Horner Agency.
Read More » -
Elite Retreat is back in 2023 – in Bali!
If you’re looking to supercharge your business and gain industry-leading knowledge to power you and your team towards success, then Elite Retreat 2023 is for you.
Read More » -
Glenn Curran on joining The Agency and what’s in store for Sydney’s market in 2023
The Agency has extended its reach in Sydney's Upper North Shore market with the appointment of Glenn Curran as a Property Partner, with Mr Curran predicting a strong year of sales on the back of a resurgence in overseas buyers.
Read More » -
Code Property Group: the tech PMs are using to beat burnout
Property managers are experiencing added pressure as they start a new year in one of the tightest rental markets Australia has ever seen.
Read More » -
This Mornington Peninsula home is stuck in the 1960s and proud of it
A Victorian property listing complete with bright flower wallpaper and chequerboard floors has hit the market, offering buyers a slice of 1960's inspired nostalgia.
Read More » -
Perth vacancy rate at lowest level in four decades
Perth’s vacancy rate has dropped to its lowest level in 42 years, after falling to just 0.6 per cent in December.
Read More » -
Mortgage refinancing activity up as survey shows borrowers are fudging the numbers
Owner-occupiers are refinancing in record numbers according to new statistics from the Australian Bureau of Statistics, as separate figures from Finder show that more than 10 per cent of borrowers lied about details on their loan application.
Read More » -
Real is rare: Rebecca Rainford launches Rarestate in partnership with UrbanX
Rebecca Rainford's goal isn't to be number 1 in robotic, conveyer-belt transactions, her mission is connection, passion and giving more love to the community. Now, with the power of UrbanX Rebecca is paving her own way, leaving behind the constraints of the traditional agency model and founding her own brand, Rarestate.
Read More » -
Victorian property market not all one-way
Demand for regional Victorian property continued in 2022 with house prices rising eight per cent.
Read More » -
Australia’s rich-listers buy and sell over Christmas
Australia's mega-rich have been buying and listing lavish properties during the Christmas-New Year period, with Atlassian Co-founder Scott Farquhar paying a whopping $130 million for the Point Piper trophy home ‘Uig Lodge’.
Read More » -
Popular Perth agent joins RE/MAX Extreme
Successful and sought-after real estate agent, Deirdre McTiernan, is the most recent key appointment to the RE/MAX Extreme team.
Read More » -
Nerida Conisbee: Australian economy slows but interest rates will keep rising for now
The latest inflation figures showed that it increased at a faster rate in November than it did in October, dashing hopes of a stop to interest rates rises at the start of this year.
Read More » -
Construction costs show signs of easing after record increase
Residential construction costs rose by a record amount last year, new data shows, but signs of a slow down emerged in the latter months of 2022.
Read More » -
When should NSW first-home buyers consider stamp duty over property tax?
It would take more than a decade for first-home buyers in NSW to be better off opting for stamp duty over the state's new property tax, though the scheme does risk inflating prices for properties under $1.5 million, Domain's Chief of Research and Economics says.
Read More » -
Entire Tasmanian town of Tarraleah is back on the market
Tarraleah, a former hydro town in Tasmania, is back on the market following a Covid-disrupted campaign, with listing agent Ed McKay hoping 3D tours and a targeted video campaign will help bring it to the attention of high-profile investors.
Read More » -
Call for athlete villages to be turned into low-cost housing
Real estate bodies and community housing advocates have called on the Victorian Government to turn Commonwealth Games accommodation, built for athletes in rural areas, into much-needed social and low-cost rental homes once the games are over.
Read More » -
@realty creates a free AI tool for all agents to use
The real estate sector has experienced a major shift in the way agents and agencies conduct their business.
Read More » -
New UK start-up aims to split costs of owning a second home
A UK-based fractional ownership startup that aims to make owning a second home more affordable has launched, offering the chance to purchase a share in one of four luxury London apartments.
Read More » -
Rental home cull as rents rise at their steepest annual rate on record
Australia’s rental crisis isn’t looking like it will ease anytime soon with more than 6000 affordable rentals to be scrapped under a national scheme this year, while the latest Domain Rent Report shows Australia recorded its steepest annual rental increase on record in 2022.
Read More » -
Australia’s top 100 streets for property values revealed
A new report from Suburbtrends has uncovered the top 100 streets in Australia for high-value properties.
Read More » -
Inflation figures bounce back in November
New inflation data from the Australian Bureau of Statistics shows the consumer price index rose 7.3 per cent in the twelve months to November, up from October's 6.9 per cent.
Read More » -
Casey Estate Agents are preventing property manager burnout in 2023
Melbourne-based property management agency, Casey Estate Agents, are giving their team access to technology that will streamline their workload and help manage burnout, particularly over the school holiday.
Read More » -
Western Australia’s housing supply hits a new low
The number of properties for sale and rent in Western Australia hit a 12-year low in December, according to the Real Estate Institute of Western Australia.
Read More » -
PropTrack, CoreLogic report slowdown in rental price growth
Rental prices finished 2022 at a significantly higher level than they were the year prior, but price growth began to moderate during the December quarter, according to a new report from PropTrack.
Read More » -
Why electric vehicles don’t pose a threat to service stations just yet
Service stations were one of the standout assets during 2022, with the threat posed by the increased uptake of electric vehicles unlikely to be a drag on their values for some time, according to one expert.
Read More » -
The best locations for cash flow in 2023 revealed
Property investors chasing lower holding costs should set their sights on larger regional cities, according to a new report from Propertyology.
Read More » -
Building approvals fall again as RBA’s rate rises hit home
An economist is urging the Reserve Bank of Australia to "hold fire" on future rate rises after new building approvals declined again during the month of November.
Read More »