National
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New legislation could offer fresh hope for renters
Over 50 per cent of Australian renters feel they have no choice but to rent, with many believing home ownership is out of reach according to new research.
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Construction delays spur industry changes to attract new talent and drive innovation
The time taken to build new homes and apartments has reached unprecedented levels, with new data revealing significant blowouts in construction timeframes across Australia.
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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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National rental market shows signs of easing
The rental market is showing signs of easing with more properties becoming available and prices dropping for the first time in four months.
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Hope on the horizon: Build-to-Rent legislation could ease pressure for renters
New research reveals that over 50 per cent of Australian renters feel they have no alternative but to rent.
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REIA appoints Scott Rollason as CEO
The Real Estate Institute of Australia has appointed Scott Rollason as their new chief executive officer.
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New home approvals reach highest level since 2022
Australian housing construction is showing strong signs of recovery, with detached house approvals hitting their highest monthly level in two years during September.
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Will the RBA cut rates?
Record numbers of Australian homeowners are struggling with mortgage stress, but does that mean the RBA will be cutting interest rates?
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New building system promises new homes in 10 days
A revolutionary new construction system is promising to cut building times by nearly half, with the first Victorian prototype launching in Ormond this month.
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Home prices hit a record high as Melbourne leads growth
Australian home prices have surged to new heights in October, marking the 22nd consecutive month of growth despite ongoing affordability challenges.
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HomeBuilder fuelled inflation and the housing shortage
The $2.6 billion HomeBuilder stimulus during the pandemic helped fuel inflation and has contributed to a housing shortage according to the COVID-19 inquiry.
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Property market shows signs of cooling despite record prices
Property prices have reached new highs across multiple capital cities, however, experts suggest the market is shifting in favour of buyers.
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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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Rental market shows signs of easing despite continued challenges
The rental market is showing early signs of relief as price growth slows and supply increases, according to new research.
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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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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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NSW reforms ramp up duplex development
NSW reforms ramp up duplex development The NSW government has introduced sweeping reforms to allow duplexes and semi-detached homes across 97 per cent of local councils, aiming to increase housing supply in well-located areas. According to realestate.com.au, the new amendments have significantly reduced the requirements for duplex development, with blocks now only needing a 12m frontage on a 400sq m…
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Affordable homes outperform as mortgage fatigue hits
Rising interest rates are driving a shift in the market, with affordable houses now experiencing stronger price growth than luxury homes.
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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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Record land prices threaten housing targets
Land prices have hit record highs across the country as severe shortages continue to hamper the government's ambitious housing targets.
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Queensland set to become the second-largest investor market
Queensland is poised to overtake Victoria as Australia's second-biggest property investor market, according to new data
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Find out why November is statistically the best time to sell
Homeowners selling in November achieve higher prices.
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Blue chip property surges higher
Blue chip property across the country is experiencing a significant upswing, with several suburbs hitting record-high prices in 2024.
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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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RBA reveals landlords absorb the bulk of interest rate hikes
Recent research by the Reserve Bank of Australia (RBA) has debunked the myth that landlords are passing on increased mortgage costs to tenants, leading to unsustainable rent increases.
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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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Australia urged to adopt European style co-operative housing to address rental crisis
The Business Council of Co-operatives and Mutuals (BCCM) recommends that the Government adopt co-operative housing like Copenhagen, Vienna and Zurich.
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Essential workers could get homes on crown land
A groundbreaking proposal to establish new housing on unused Crown land has united unlikely allies in the fight for affordable homes for essential workers.
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Couples turn to wedding guests for home deposits
A new wedding trend is emerging as couples are increasingly asking their guests to help contribute to their home deposit instead of traditional gifts.
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Auction clearance rates climb as buyer demand grows
On Saturday, 19 October 2024, Sydney recorded a clearance rate of 67% from 996 auctions listed.
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Employment surge means RBA might not slash rates
Australia's job market continues to show resilience, with employment rising significantly in September, and taking the pressure off the Reserve Bank of Australia (RBA) to cut rates.
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Maxwell Scott Raine inducted into FCA Hall of Fame
The Franchise Council of Australia (FCA) has posthumously honoured Maxwell Scott Raine as the 2024 inductee into the FCA Hall of Fame, recognising his role in introducing franchising to the Australian real estate industry.
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Help on the way for first-home buyers
The Property Council of Australia is presenting policy ideas to the Government that will support homeownership for younger Australians while also boosting housing supply.
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New home sales stabilise
The latest data from the Housing Industry Association (HIA) indicates that the Australian new home market is showing signs of stabilisation, with home sales unchanged in September compared to August. According to HIA Economist Maurice Tapang, “market confidence in new home building is returning,” which is an important indicator for agents working in the residential property sector. The HIA’s New…
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Renters and homeowners are feeling more confident
Consumer confidence held steady this week, as both renters and homeowners started to feel better about the state of the housing market.
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