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Real Estate News
Milk Chocolate® unveils a new proprietary platform to revolutionise the property buying experience in Australia.
Milk Chocolate®, an Australian start-up co-founded by Michael Cleary and Richie Ragel, is set to transform the property purchasing landscape.
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INTERNATIONAL
The growing trend of downsizers renting through retirement
In the UK renting in retirement has embraced, eliminating the stress and expense of property maintenance.
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INDUSTRY NEWS
Weekend auction round-up
Melbourne and Sydney lead the auction activity but showed softer clearance rates of 64.9% and 63.4%.
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INTERNATIONAL
NYC ends broker fees for renters
The New York City Council’s recent passage of the Fairness in Apartment Rentals Act represents a significant shift in the city’s rental market. This legislation mandates that landlords, rather than tenants, bear the cost of broker fees when brokers are hired to list and show apartments. Traditionally, New York City renters have been responsible for these fees, which can amount…
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INDUSTRY NEWS
What is the commercial property outlook for 2025?
The top 7 predictions for Australian commercial property in 2025
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INDUSTRY NEWS
Million-dollar suburbs with potential for growth
Propertybuyer and Hotspotting reveal Australia’s next million-dollar suburbs, spotlighting top areas with prime potential for long-term capital growth.
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INDUSTRY NEWS
Trump victory drives record US searches for NZ property
New Zealand property searches by US residents spiked dramatically following Donald Trump’s election victory, particularly from Democratic-leaning states.
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INDUSTRY NEWS
Spring auction season shows resilience
National auction results for Saturday, Nov 9, 2024
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INDUSTRY NEWS
Tapping into SMSF property: a growing opportunity for agents
Australians have embraced Self Managed Super Funds property investing for greater control and better returns
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INTERNATIONAL
Singapore’s heritage Shophouses snapped up by wealthy investors
Comparable to New York’s brownstones or London’s Soho properties, these iconic buildings are seeing record prices, attracting billionaires, and local developers.
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INDUSTRY NEWS
REA Group: Healthy market boosts listings and revenue
REA Group (ASX) has reported a strong start to the 2024 financial year, with revenue from core operations reaching $413 million, a 21% year-on-year increase. REA Group CEO Owen Wilson said this impressive performance reflects strong seller confidence and high listing volumes, providing buyers with more options and moderating house price growth. “Seller confidence continued to drive a strong listings…
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FEATURE INTERVIEWS
Million Dollar Listing New York’s Kirsten Jordan shares her secrets for real estate success
Kirsten Jordan, the luxury real estate powerhouse on Million Dollar Listing New York, has carved a path in one of the world’s most competitive markets. Here's her advice to fellow agents.
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INTERNATIONAL
Mortgage rates rise following Trump victory
Mortgage rates surge higher on Trump victory, causing housing stocks to fall.
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INDUSTRY NEWS
Sydney’s property market shifts: insights from Domain’s ‘Matching Demand’ report
Sydney’s property market is witnessing significant change, driven by affordability, lifestyle needs, and demographic shifts.
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INDUSTRY NEWS
Brisbane surpasses major cities to rank second in Global Cost of Living Rankings
Shock as Aussie city named in global top 2 for best cost of living.
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INDUSTRY NEWS
RBA holds rates steady: what it means for the real estate market
It came as no surprise: The RBA has held the official cash rate at 4.35% marking the eighth consecutive time rates have remained unchanged.
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INTERNATIONAL
Political tensions high as one in five Americans report neighbour disputes
As Americans head to the polls, a new report by highlights the depth of political divisions in communities across the US.
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INDUSTRY NEWS
RBA Rate cut unlikely as market adapts: insights from industry leaders
As the Reserve Bank of Australia (RBA) is currently meeting to discuss monetary policy, expectations for an immediate interest rate cut remain low.
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INTERNATIONAL
Americans eye Canadian real estate as 2024 election heats up
With the 2024 US presidential election going down to the wire, there's been a marked increase in American interest in Canadian real estate.
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INDUSTRY NEWS
Auction market reports mixed outcomes
As the spring selling season continues to unfold, Australia's auction market is demonstrating varied results.
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INDUSTRY NEWS
NZ property market sees decade-high stock levels
Buyers are in the driver's seat in New Zealand as stock levels are at a ten-year high.
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INTERNATIONAL
Japan’s abandoned homes spark viral trend yet pose investment risks
As Japan faces a growing number of abandoned homes, known as akiyas, content creators are finding viral fame by buying and renovating these cheap properties.
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FEATURE INTERVIEWS
What is the Great Aussie Dream now?
The “Great Australian Dream” has changed. Once dominated by the ambition to own a home, today’s ideal centres on leading a life free from financial pressure and a focus on well-being.
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INDUSTRY NEWS
Victoria’s regional social housing boost
In a move to tackle Victoria’s housing crisis, the state government has unveiled a new breakdown of its ambitious $1 billion Regional Housing Fund.
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INDUSTRY NEWS
Do ghosts impact house prices?
As Halloween approaches, Australia’s fascination with the paranormal takes centre stage, from ghostly tales to haunted locations scattered across the country.
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INDUSTRY NEWS
Why agents need to ramp up their social media game
Industry experts Steve Carroll and Melanie Hoole explain why authenticity, strategic content, and paid advertising are game-changers in real estate marketing
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INDUSTRY NEWS
Labor backs housing supply boost, steers clear of negative gearing reform
A new poll found respondents favoured land release for development over changes to negative gearing.
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INDUSTRY NEWS
Buyer activity climbs as Kiwis reconsider the ‘forever home’
Following New Zealand’s recent drop in the Official Cash Rate (OCR), the property market is seeing a noticeable increase in buyer activity. According to new data from realestate.co.nz, enquiries have spiked by over 25%, indicating rising confidence among buyers and echoing similar, though smaller, interest following the previous OCR cut in August. Vanessa Williams, spokesperson for realestate.co.nz, attributes this shift…
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INDUSTRY NEWS
High auction volumes test market as clearance rates decline
Weekend auction summary: 27th October 2024 This past weekend saw one of the busiest periods for auctions across Australia’s capital cities, with over 3,000 homes going under the hammer, according to CoreLogic. The preliminary auction clearance rate was 66.8%, slightly down from last week’s 67.4%, which later revised to 58.2%, marking the lowest clearance rate of the year so far.…
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INDUSTRY NEWS
US election: what to expect if Trump or Harris wins
Donald Trump and Kamala Harris present contrasting policies that will directly impact real estate, from interest rates to affordable housing initiatives.
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INDUSTRY NEWS
Find out why November is statistically the best time to sell
Homeowners selling in November achieve higher prices.
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FEATURE INTERVIEWS
From commission houses to Melbourne’s best-selling agent under 30
From growing up in a commission home to being named in the Herald Sun’s Best-Selling Agents Under 30 list, Ozan Kanbur has come full circle.
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INDUSTRY NEWS
Build-to-Rent faces global challenges
The Build-to-Rent (BtR) sector in both the UK and Australia is playing an increasingly crucial role in addressing housing shortages.
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INDUSTRY NEWS
REIQ supports the Federal Government’s push for stamp duty reform
REIQ CEO Antonia Mercorella: "Stamp duty presents a considerable barrier to those wanting to buy their first home."
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