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Real Estate News
Property manager saves elderly tenant from eviction and despair
When an elderly tenant called to say he couldn’t afford rent or food, Ray White Maroochydore Property Manager, Kayla Johnson, knew she had to do something.
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Elite Agent
Inflation jump could spark interest rate rise
A 14th cash rate hike is once again on the table, after the monthly inflation rose to 4 per cent in May.
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Real Estate News
Property prices set for more growth in the next year
Australian property prices are now expected to rise as much as 5 per cent in 2024, with a property insights leader revising its forecast on the back of increased buyer demand and an uptick in listings.
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Real Estate News
Shani Costi appointed general manager at Costi Cohen
Commercial property buyers agency Costi Cohen has appointed Shani Costi as general manager, as it looks to significantly grow the brand over the next 12 months.
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Real Estate News
Agents team up for viral $2 million Enfield home campaign
A Sydney sales agent and buyer’s agent have teamed up to run a viral marketing campaign on an unlivable Enfield home that’s expected to sell for about $2 million at auction this weekend. Richard Matthews Sales Executive and Auctioneer, Matthew Blackmore, has teamed up with JBX Buyers Agent, Jason Ballo, to market 21 The Parade, Enfield, in a campaign that’s…
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Real Estate News
Auction numbers remain high despite winter setting in
Auctions have remained unseasonably high for the start of winter with strong stock levels coming to market and buoyant interest from buyers.
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Real Estate News
Gold Coast’s Landmark project to boost A-grade office space
A Gold Cost mixed-use development is set to provide the city with a year’s supply of office space.
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Real Estate News
US housing shortage rises to 4.5 million homes
The housing shortage in the US has grown to 4.5 million homes, with a pandemic construction boom unable to stave off the dramatic deficit.
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Real Estate News
Record Real Estate of Origin for Ray White Group
Ray White agents across Australia and New Zealand have booked 10,141 appraisals at the 15th Real Estate of Origin event, with friendly rivalry fuelling the success.
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Real Estate News
Harcourt’s icy plunge raises $10,000 for MND
Harcourts Ulverstone & Penguin team members have taken an icy trip down the town’s water slide to raise more than $10,000 for Motor Neurone Disease.
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Real Estate News
View Media Group partners with Century 21
View Media Group has joined forces with Century 21, in a strategic partnership designed to shake up digital marketing in the real estate sector.
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Real Estate News
Property prices to hit new records in new financial year
Property prices will continue to rise in the coming financial year, with Sydney’s house prices set to more than double Perth’s.
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Real Estate News
RBA keeps cash rate on hold at 4.35 per cent
The Reserve Bank of Australia has kept the cash rate on hold at 4.35 per cent at its June meeting, but hasn’t ruled out a further hike if sticky inflation continues to persist.
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Real Estate News
MRI Software partners with CBA on reimagined payments solution
Commonwealth Bank of Australia (CBA) has unveiled a strategic collaboration with MRI Software to enhance the residential real estate sector's payment processes.
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Real Estate News
Many experts tip first rate cut in July 2025
Economic and property experts have unanimously tipped the Reserve Bank of Australia will keep the cash rate on hold at its June 18 meeting, but almost one-in-five say a rate cut won’t come before July next year.
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Real Estate News
Multi-speed markets: which cities face a cool-off
Property price growth across Brisbane, Perth and Adelaide could be on the verge of slowing down on the back of weakening economic conditions, affordability constraints and ongoing high interest rates.
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Real Estate News
Population growth outstrips housing supply
Australia’s population growth is outstripping housing supply, with net overseas migration driving the rise in residents.
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Real Estate News
Amazon to invest extra $1.4 billion in affordable housing
Amazon will invest an extra US$1.4 billion in its Housing Equity Fund, which is aimed at creating or preserving affordable housing in regions with major corporate offices.
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Real Estate News
Our top picks from the AREC 2024 Expo Hall
The Expo Hall at AREC is always a hit with principals, agents, and property managers, and this year was no different. Attendees were spoilt for choice, whether seeking cutting-edge solutions to streamline property management or fresh strategies to boost sales leads and listings. Innovation was in full swing, networking was buzzing, and many exhibitor stands enticed visitors with treats like…
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Real Estate News
Australian’s ‘thriving’ in life but stressed at work
Australians and New Zealanders have reported “thriving” in life despite many being stressed at work and actively looking for a new job.
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Real Estate News
Seller confidence surges: new listings up 6.5 per cent in May
Seller confidence is returning to the real estate market, with new listings up 6.5 per cent in May.
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Real Estate News
National median house price up 7.6 per cent
The national median house price has risen 7.6 per cent in the past 12 months to $1.026 million, according to the latest data.
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Real Estate News
REIQ: Why the State Budget is a ‘mixed bag’
This week’s Queensland Budget delivers a “mixed bag” for housing and small business, despite the largely positive increase to the stamp duty threshold for first-home buyers, according to the state’s peak real estate body.
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Real Estate News
Real estate leaders on King’s Birthday Honours List
A trio of businessmen and philanthropists connected to the real estate industry have received King’s birthday honours.
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Real Estate News
Committed to community: How Steve Turner is making a difference
“Don’t write a cheque, turn up.”
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Real Estate News
The AREAs: More awards than ever before in 2024
Submissions for the 2024 REA Excellence Awards have opened, with more awards to win this year than ever before.
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Real Estate News
How to proactively and peacefully manage legislative changes with your landlords
Property managers looking to create a smooth path to legislative compliance with their landlords need to be proactive when changes are introduced, according to an industry leader.
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Real Estate News
Rental conditions ease for the third straight month
Rental conditions have eased slightly for the first consecutive month with the national vacancy rate reaching its highest level since mid-2023.
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Real Estate News
Mala Maharaj appointed CEO of RE/MAX New Zealand and Fiji
Don Ha has stepped aside as head of RE/MAX in New Zealand, with Mala Maharaj named the new chief executive officer for the franchise in that country and Fiji.
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Elite Agent
FLK it over: Streamlining real estate with digital efficiency
Andrew Colagiuri and the team at FLK it over are on a mission.
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Real Estate News
REIV warns new rental standards may overburden landlords financially
The Real Estate Institute of Victoria (REIV) has urged the State Government to consider the introduction of proposed new minimum rental standards carefully, stressing that many landlords may not be able to afford them.
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Real Estate News
REINSW appoints AI bot called Alice Ing as board advisor
The Real Estate Institute of NSW has appointed an Artificial Intelligence bot as an advisor to its board, the first move of its kind in Australia.
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Real Estate News
Millions of Australian homes at risk of natural disasters
Almost half of Australian homes are at risk of bushfire, while 8.1 per cent face flood threats, according to new research from Domain.
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Real Estate News
Optimistic outlook: 93 per cent of agency owners expect revenue growth
More than 90 per cent of real estate agency owners anticipate positive revenue growth over the next 12 months, according to new research.
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Real Estate News
Inflation figures spell longer rate pause not a rate rise
The final hurdle in the fight against inflation may be proving a difficult one to jump, but it should not lead to an interest rate rise in June, according to experts.
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