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INTERNATIONAL
Buying beats renting in Pittsburgh and Detroit
In a rare trend reversal, Pittsburgh, Pennsylvania, and Detroit, Michigan, have emerged as the only two US metro areas among the top 50 where buying a home is currently cheaper than renting, according to the Realtor.com January 2025 Rental Report.
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INDUSTRY NEWS
NSW Government’s Low and Mid-Rise policy to unlock 112,000 homes over five years
The Minns Labor Government’s Low and Mid-Rise housing policy is set to deliver 112,000 new homes across New South Wales over the next five years, as the second stage of the reforms comes into effect on 28 February.
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INDUSTRY NEWS
Productivity failures are holding Australia back, says report
Australia’s housing affordability crisis is being worsened by three decades of declining productivity in home construction, with new research revealing that the sector is building homes at half the rate it did in 1995.
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Celebrity Homes
Sir Robert Menzies’ historic Melbourne residence up for sale at $9 million
A landmark home once owned by Australia’s longest-serving Prime Minister, Sir Robert Menzies, has been listed for sale in Kew, Melbourne, with expectations of up to $9 million.
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Video of the Week
Should you ever negotiate your commission as a real estate agent?
Commission negotiation is a hot topic in real estate, but the truth is, discounting your commission isn’t always the right move. Whether you hold firm or make strategic concessions, the key is understanding when, why, and how to handle these conversations like a pro.
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INTERNATIONAL
Dubai’s rapid growth brings housing strains
Dubai’s meteoric rise as a global hub has shown no signs of slowing down, but its booming real estate market, skyrocketing population, and worsening congestion are putting growing pressure on residents.
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INTERNATIONAL
Miami’s ultra-luxury market hits overdrive: US$100M+ listings are the new normal
From Miami Beach to Palm Beach, billionaire buyers are snapping up ultra-luxury estates, redefining the region’s real estate landscape.
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Celebrity Homes
Historic London penthouse from ‘Oliver!’ is selling for $3.54 million
A stunning penthouse in a converted warehouse that once served as a backdrop for the 1968 Oscar-winning film ‘Oliver!’ is now on the market for £1.85 million (AUD $3.54 million).
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INTERNATIONAL
New Orleans continues rebuilding 20 years after Hurricane Katrina
Nearly 20 years after Hurricane Katrina, New Orleans is still repairing homes and reinforcing flood protection systems following the storm that caused US$201.3 billion in damages, killed over 1,800 people, and displaced millions.
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Celebrity Homes
Britney Spears’ former Beverly Hills home listed for $12.2 Million
A Beverly Hills mansion once owned by Britney Spears is back on the market with an asking price of $8 million (AUD $12.2 million).
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INDUSTRY NEWS
RBA cuts interest rates to 4.1% – what does it mean for real estate?
The Reserve Bank of Australia (RBA) has lowered the cash rate to 4.10%, marking the first rate cut in years and offering potential relief for buyers, investors, and homeowners.
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Celebrity Homes
Renée Zellweger’s former California ranch Listed for sale
A sprawling Southern California estate once owned by Renée Zellweger has hit the market for $7.995 million (approximately AUD $11.5 million).
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INTERNATIONAL
UK student housing market sees record investment from real estate developers
Real estate developers are investing heavily in the UK student housing sector.
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Celebrity Homes
Andy Cohen drops $2 million off the price of his West Village, NY apartment
Bravo star Andy Cohen has reduced the asking price of his luxurious New York City duplex by $2 million (AUD 3.05 million), six months after initially listing it for $14 million (AUD 21.4 million).
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FEATURE INTERVIEWS
Talk less, close more: why real estate agents need to master the art of silence
In real estate, the temptation to talk is constant. You want to showcase your expertise, highlight market trends, and reassure clients that you have everything under control. But sometimes you need so stop talking - and start listening.
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INDUSTRY NEWS
Victorian short-stay tax hitting domestic violence victims in emergency accommodation
Domestic violence survivors seeking emergency shelter through Airbnb are being charged Victoria’s new short-stay tax, prompting urgent calls for an exemption.
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Celebrity Homes
Steve Wynn re-lists lavish Beverly Hills mansion for US$75 Million
Billionaire casino mogul Steve Wynn has put his Beverly Hills estate back on the market for US$75 million (AUD$114 million), marking another attempt to sell the sprawling property after multiple price adjustments over the years.
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SUPPLIER NEWS
GXE is transforming property investment with innovation and clarity
GXE, co-founded by Ed Hooper and Andrew Armstrong, is on a mission to revolutionise how property developers, investors, and fund managers manage their investments.
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INDUSTRY NEWS
Greg Ellis appointed Interim CEO as Domain reports strong FY25 growth
Greg Ellis, former REA Group CEO, has been named interim CEO of Domain Group, stepping into the role for up to 12 months while the company continues its search for a permanent replacement.
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BEST PRACTICE
Mastering the art of booking more appointments
In real estate, everything starts with a simple formula: book appointments, get contracts signed, and repeat. Yet, as 2025 unfolds, many agents are struggling to do just that. Whether they’re new to the industry or seasoned professionals aiming to scale their business, the challenge remains the same: how do you consistently generate enough appointments to hit your goals?
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INDUSTRY NEWS
LJ Hooker’s brand reset to draw in new agents
LJ Hooker is hoping a bold new brand reset will attract fresh talent to the network, offering agents cutting-edge marketing tools, instant brand recognition and streamlined systems.
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FEATURE INTERVIEWS
How bad styling mistakes can make or break a sale
When it comes to selling a home, first impressions matter. Buyers begin forming opinions within seconds of stepping through the front door, often making subconscious judgments before they’ve even toured the entire property. From the moment they pull up outside, everything - from the condition of the front yard to the scent in the entryway - plays a role in…
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Celebrity Homes
Kris Jenner lists iconic ‘Keeping Up With the Kardashians’ mansion
Kris Jenner is parting ways with her legendary Hidden Hills estate, listing the six-bedroom, eight-bathroom property for US$13.5 million.
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INDUSTRY NEWS
Christie’s International Real Estate expands into Hong Kong
Christie’s International Real Estate has officially launched in Hong Kong, continuing its rapid expansion in East Asia.
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Celebrity Homes
Audrey Hepburn’s former Swiss estate is on the market
The serene Swiss retreat where Audrey Hepburn spent the final 30 years of her life is now for sale, with an asking price of $20.8 million ($33.3 million AUD).
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INDUSTRY NEWS
South Australia tops HIA’s housing policy ranking
South Australia has topped the Housing Industry Association (HIA) Housing Policy Scoreboard, ranking ahead of all other states and territories in its approach to tackling housing supply issues.
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Celebrity Homes
Former home of INXS frontman Michael Hutchence to be auctioned
A Sydney home once owned by INXS frontman Michael Hutchence has been listed for sale, with a price guide of $2.5 million ahead of its February 22 auction.
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INDUSTRY NEWS
Deadline looms for NSW rental properties to meet stricter water efficiency standards
From 23 March 2025, rental properties in New South Wales must comply with updated water efficiency standards for landlords to charge tenants for water usage.
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INTERNATIONAL
Capitaland Investment commits over US$700 million to build its first data centre in Japan
Singapore’s Capitaland Investment (CLI) is expanding its digital infrastructure footprint with a $700 million investment to develop its first data centre in Japan, as demand for AI-driven computing power continues to soar.
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Celebrity Homes
Step into Hollywood history: Gloria Vanderbilt’s iconic Beverly Hills estate is on the market
A historic English Revival-style mansion in Beverly Hills, famously known as "The Gloria Vanderbilt Estate," has been listed for $16.495 million USD (approx. $25 million AUD).
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INDUSTRY NEWS
QLD real estate industry rallies as floods impact local housing market
The Real Estate Institute of Queensland (REIQ) has pledged its support to residents, businesses, and communities affected by the severe flooding in North Queensland.
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FEATURE INTERVIEWS
Michelle Rigg: empowering women and redefining property management leadership
Find out how Michelle Rigg is redefining property management by empowering women, championing flexibility, and breaking traditional industry norms.
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Celebrity Homes
Oil Billionaire Bill Koch lists Aspen estate for $125 million
Billionaire Bill Koch has listed his 52-acre (21-hectare) Aspen estate for an eye-watering $125 million (AUD $190 million), more than four times what he paid when he purchased the property for $26.5 million (AUD $40.2 million) in 2007.
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