INDUSTRY NEWS
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Sophie Su appointed as director at Kay & Burton
As part of its strategic expansion and commitment to excellence, Kay & Burton is proud to announce the appointment of Sophie Su as Director.
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Barry Plant’s “Call-lympics” nets 1800 appraisals
Barry Plant's network-wide appraisal drive, dubbed the "Call-lympics," has resulted in over 1,800 appraisals booked during two short call bursts.
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Most buyers and sellers rate their experience with agents positively
Three-quarters of buyers and sellers involved in a property transaction in the past year have rated their experience directly with real estate agents as either “excellent” or “above average” according to a new national survey.
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Valentina Parra finds work-life balance through auctioneering
When experienced sales agent, Valentina Parra, made the move to Ray White corporate, she realised she missed the thrill of selling homes at auction.
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Australian owner-occupier mortgage surges $154 a day
The average new owner-occupier mortgage in Australia has reached a record high of $636,597, marking an increase of $154 per day over the past year.
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Dwelling approvals fall as NSW housing faces a ‘perfect storm’
New dwelling approvals are declining across NSW and the state government’s approach to tackle the issue is leading to a 'perfect storm' according to the industry.
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Anna Neelagama resigns from REIA
Anna Neelagama has resigned as chief executive officer of the Real Estate Institute of Australia (REIA), but will continue her push to help solve Australia’s housing crisis with Master Builders ACT.
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Million-dollar milestones: Australia’s next wave of suburbs on the rise
More than 160 suburbs could join the million-dollar club in the next 12 months, according to research from PropTrack.
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Cash rate likely on hold, but a cut looms
Experts are predicting the Reserve Bank of Australia will be leaving the cash rate steady in August, but with inflation cooling a cut could be on the cards.
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Gold Coast’s ‘view tax’ sparks outcry
The Real Estate Institute of Queensland (REIQ) has hit out at the City of Gold Coast for slugging unit owners living on higher floors of apartment buildings with huge rate hikes.
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Townhouses surge: Transforming NZ’s housing landscape
Townhouses have become a significant growth component for the New Zealand housing market, making up almost half of new dwelling consents across the country.
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Demand for high-quality offices drives down vacancy rates in capital city CBDs
Office vacancy rates have fallen in half of Australia’s CBDs, with demand for space, particularly high quality offices, on the rise.
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One-minute data: Home price growth continues
National home prices have increased 0.08 per cent in July and are now 6.3 per cent higher than a year ago.
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View Media Group buys The Property Agency
View Media Group has acquired property communications agency, The Property Agency, as part of a wider growth plan focused on moving beyond the traditional listings model.
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Is Ryan Serhant still selling the world’s tallest penthouse?
Central Park Tower's priciest penthouse that was listed for US$250,000 with high-profile agent Ryan Serhant has been withdrawn from the market.
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The secret to a successful high-stakes negotiation
To achieve the best possible result for your vendor, you need to leave your emotions at the door, was the key learning from Ray White’s Leadership Academy this week.
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Inflation is up but what does that mean for interest rates?
Inflation climbed 1 per cent in the June quarter and 3.8 per cent annually, according to the latest Australian Bureau of Statistics data, with experts conflicted on whether this will mean an interest rate rise.
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Barry Plant Eastern Group opens its new Whitehorse Super Office
Barry Plant Eastern Group is looking to set a new standard with the opening of its Whitehorse Super Office in Mitcham.
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Sporting sanctuaries: Homes with gold medal features
As the Paris 2024 Olympics captivate the world, luxury real estate across the country is reaching for gold with properties brimming with 'champion' features.
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Unprecedented wealth transfer set to impact low to middle-income suburbs
Australia is on the brink of an unprecedented $3.5 trillion wealth transfer over the next two decades, in a shift poised to significantly impact the nation’s low to middle-income suburbs.
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Barry Plant joins forces with Propic for AI-driven solutions
Barry Plant is moving towards a ‘CRM-first’ culture, after partnering with Propic as they look to use technology to streamline and grow their business.
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South Australia ranked top economy in the country
South Australia’s property market is booming and the state has also been crowned the top economy in the nation for the third quarter in a row according to a new report.
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Peter Brewer joins forces with Tenancy Skills Institute
Real Estate Institute of Queensland (REIQ) Chair, Peter Brewer, has been appointed as a Strategic Partnerships Ambassador for the Tenancy Skills Institute, with the goal of fostering stronger relationships with the real estate industry and other organisations.
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RE/MAX members stay curious at network’s annual conference
Staying curious, adopting change and adapting as innovation takes hold in a rapidly changing world, were the driving themes of the multi-day RE/MAX RMX24 conference held last week on July 24 and 25, RACV Royal Pines Resort on the Gold Coast.
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Realestate.com.au helps Australians to ‘keep moving’ in new brand campaign
The ups and downs Australians experience when finding a new home takes centre stage in realestate.com.au’s new brand strategy and creative platform.
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NSW no-grounds evictions to hurt, not help, tenants
Proposed tenancy reforms, including ending no-grounds evictions, will harm not help NSW renters, according to the Real Estate Institute of NSW.
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A starter home in the US now costs $1 million
Australia isn’t the only country that’s witnessed a staggering rise in property prices over the past few years, with starter homes now costing US$1 million in the US.
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Data insight: Immigration brings retail assets back to life for now
Record-high immigration levels have revitalised retail assets and boosted sentiment nationwide, but there are still headwinds for the sector.
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Federal Government needs “bulldog” to tackle housing crisis head-on
The Federal Government needs to appoint a “bulldog” to champion solving the housing crisis and bring together all three levels of government, according to a prominent real estate industry figure.
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Data insight: Property prices don’t care about high rates
Property markets continue to tick higher, despite high interest rates and cost of living pressures, however, there is still a big disparity between the different cities.
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Investors give Melbourne property a ‘wide berth’
Property prices are on the rise across the county, however, Melbourne continues to lag behind other major capitals.
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REIQ wants 70 per cent home ownership by 2032
Three months out from the Queensland State Election, the Real Estate Institute of Queensland has called on the government to make the homeownership dream a reality for more Queenslanders.
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PM’s making a difference behind the scenes
Property managers have one of the toughest jobs in real estate, but that doesn’t stop them from going above and beyond when people are in need.
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Douglas ‘Fast Hands’ France fights for rare cancers at Corporate Clash Macarthur
Douglas France might be used to fighting for listings in Sydney's tough Western Suburbs markets, but when he steps into the boxing ring on August 3, he will be in a fight of a different kind.
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European dream: Transforming a €1 Sicilian vacation home
In Europe, it’s not uncommon for small towns and villages to sell off old rundown properties for €1 in a bid to attract new people to the area.
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