INDUSTRY NEWS
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Regional migration trend started well before COVID
More Australians are moving from capital cities to regional areas in a long-term trend that began well before the COVID-19 pandemic, according to new research.
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New Zealand property values show signs of recovery
Property values in New Zealand have returned to growth, signaling the end of 2024's mini downturn and suggesting modest growth ahead for 2025.
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Coalition announces FIRB overhaul
A Dutton Government has pledged to establish a taskforce to reform the Foreign Investment Review Board (FIRB), Shadow Treasurer Angus Taylor has announced.
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Queensland set to usher in the next wave of million-dollar suburbs
Queensland has emerged as the leading state in Australia's next wave of million-dollar suburbs, claiming four of the top 10 spots according to new research.
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REA Group invests in rural property data platform Agtuary
REA Group has announced it will acquire a minority stake in Agtuary, a platform specialising in rural property and environmental data insights.
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Housing market rebounds as prices rise
After three months of decline, Australian home values increased by 0.3% in February, marking a reversal in the short-lived downturn, according to CoreLogic’s Home Value Index.
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Five years on: how the pandemic transformed home buying in the US
Five years after the onset of the COVID pandemic, the US housing market looks significantly different. Home values have soared, virtual home touring has become mainstream, and buyer preferences have shifted, according to new data from Zillow.
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Townsville leads regional Queensland in house price growth
Townsville is experiencing the fastest-growing house prices of any regional city in Queensland, following years of subdued market conditions.
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Home prices rebound in February amid interest rate cut
National home prices rose by 0.40% in February, reaching a new record and reversing recent minor declines.
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Builders launch federal election campaign to address housing crisis
Master Builders Australia has launched its federal election campaign, demanding concrete action from all political parties to address Australia's housing crisis.
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Apartment rents cool in the US, but family homes stay pricey
Renters in the United States may find better deals on apartments this year, but those looking for single-family homes will likely continue to face high costs, experts say.
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Aussie homeownership dreams remain strong despite market pressures
A new LJ Hooker survey has revealed that despite soaring property prices and mortgage pressures, Australians remain committed to the dream of owning their own home. The findings highlight a continued belief in real estate as a solid investment, as well as the key home features buyers refuse to compromise on.
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China leads foreign investment in Australian real estate
Foreign investment in Australian residential real estate continues to show strength with China leading the way in approved residential property purchases.
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Buying a unit can shave nearly two years off first-home buyer savings time
First-home buyers in Australia can enter the property market nearly two years sooner by purchasing a unit instead of a house, according to Domain’s latest First Home Buyer Report.
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Victoria aims to become “townhouse capital” with planning reforms
Victoria is set to streamline the approval process for medium-density housing with Premier Jacinta Allan introducing a new "townhouse code" aimed at making the state Australia's townhouse capital.
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Stars gather in a stellar venue
In a star-studded evening of timeless elegance, the RE/MAX Australia annual awards gala was a spectacular event in the ballroom of The Star Brisbane.
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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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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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US real estate giant makes $2.7b bid for Domain
A major shake-up is underway in Australia's property portal landscape as US-based CoStar Group has launched a $2.7 billion takeover bid for Domain, Australia's second-largest real estate platform.
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Agents warned about social media rental scams
A wave of rental scams are targeting renters through social networking sites, with prospective tenants being urged to work with registered property managers.
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Rate cut provides modest relief as mortgage stress continues
The Reserve Bank of Australia's decision to cut the cash rate to 4.10 per cent offers some reprieve to struggling homeowners, but research suggests the reduction may not be enough to ease widespread financial pressure.
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Investor boom drives spike in home loans
Australia's home loan market has experienced significant growth in 2024, with investor lending leading the way and showing remarkable resilience amid changing market conditions.
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Regional markets show strength as capital cities slow
Regional property markets are showing remarkable resilience while capital cities face declining prices.
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View.com.au welcomes Simon Cohen as its Property Expert and ambassador
View.com.au, Australia’s premier property research and free listings platform, is excited to welcome Simon Cohen - one of Australia’s most respected real estate professionals - as its Property Expert and ambassador.
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Foreign buyers to be banned from purchasing existing homes
Labor has announced a two-year ban on foreign investors purchasing existing homes in Australia, mirroring a similar policy proposed by the Coalition last year, as part of broader efforts to improve housing affordability.
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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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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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More suburbs join the $2million and $3million clubs
A growing number of Australian suburbs have crossed the $2 million and $3 million median house price mark as strong price growth continues to push property values higher in blue chip markets.
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Sydney’s essential workers get new affordable housing development
A major build-to-rent development is set to transform Sydney's Inner West, with the Minns Labor Government announcing plans to convert a former WestConnex dive site in Camperdown into affordable housing for essential workers.
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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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Property doubling myth partially true across New Zealand
The common belief that property prices double every decade has proven true for some New Zealand regions, while others have fallen short of this benchmark.
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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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Where your buyers will find love this Valentine’s Day: Ray White reveals Australia’s dating hotspots
Are your buyers looking for love this Valentine’s Day? Where they buy may influence their chances more than you think, according to new data from Ray White Group Senior Data Analyst, Atom Go Tian.
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Regional property markets show strength as capital cities decline
Regional property markets are showing remarkable resilience, with values continuing to outperform capital cities amid challenging market conditions.
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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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