INDUSTRY NEWS
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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 ambassadorย
View.com.au, Australiaโs premier property research and free listings platform, is excited to welcome Simon Cohen - one of Australiaโs most respected real estate professionals - as its Property Expert and ambassador.ย
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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 Victoriaโs 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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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 Hookerโs 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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Christieโs International Real Estate expands into Hong Kong
Christieโs International Real Estate has officially launched in Hong Kong, continuing its rapid expansion in East Asia.
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South Australia tops HIAโs housing policy ranking
South Australia has topped the Housing Industry Association (HIA) Housing Policy Scoreboard, ranking ahead of all other states and territories in its approach to tackling housing supply issues.
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Deadline looms for NSW rental properties to meet stricter water efficiency standards
From 23 March 2025, rental properties in New South Wales must comply with updated water efficiency standards for landlords to charge tenants for water usage.
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Premium markets poised for strongest gains as rate cuts near
Australia's premium property markets are expected to see the largest value increases when interest rates begin to fall, with new research indicating substantial growth potential across the housing sector.
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REA Group CEO Owen Wilson announces retirement
REA Group's Chief Executive Officer Owen Wilson has announced his intention to retire from full-time executive roles in the second half of 2025, marking the end of an era for the company.
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Office vacancy remains stable as new supply hits market
The Australian office market is showing resilience with CBD vacancy rates remaining relatively stable, despite significant new supply entering the market.
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QLD real estate industry rallies as floods impact local housing market
The Real Estate Institute of Queensland (REIQ) has pledged its support to residents, businesses, and communities affected by the severe flooding in North Queensland.
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Consumer confidence surges as rate cuts loom
Consumer sentiment in Australia has reached its highest point in nearly three years, as speculation grows about potential interest rate cuts from the Reserve Bank of Australia (RBA).
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Agents are optimistic about house price growth in 2025
The majority of real estate professionals are predicting house prices will increase in 2025, with improved affordability and potential interest rate cuts driving market confidence.
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Luxury real estate is in for a change in 2025
The luxury real estate market is poised for big changes in 2025, with more balanced market conditions, growing multi-generational demand, and increasing female leadership emerging as key trends.
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REIA unveils seven-point plan to tackle housing crisis
The Real Estate Institute of Australia (REIA) has launched a comprehensive election commitment plan aimed at addressing Australia's housing affordability crisis ahead of the 2025 Federal Election.
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HIA calls for urgent action in Budget to tackle housing supply
The Housing Industry Association (HIA) has urged the Federal Government to use the 2025-2026 Budget to address Australiaโs deepening housing crisis, warning that without major investment and reform, home ownership will slip further out of reach for many Australians.
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Property prices dip as market momentum slows
National home prices have recorded their first decline of the year, dropping 0.08 per cent in January, though values remain nearly 4 per cent higher than the same time last year.
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Rental market shows signs of cooling as availability improves
The Australian rental market is showing early signs of easing, with slower price growth and improved property availability marking a shift from the intense conditions of 2023.
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CPI decline raises hopes for borrowers
The latest Consumer Price Index (CPI) data shows a significant decline in inflation, bringing relief to borrowers and sparking optimism for an interest rate cut, but experts urge caution to maintain economic stability.
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New Zealand coastal suburbs see extraordinary growth patterns
New Zealand's coastal property market has experienced exceptional growth across both islands, with some areas achieving up to 372 per cent value increase over five years, according to new research.
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Property investors target consistent markets
Property investors are increasingly understanding the value of consistent markets over boom locations, with new research revealing the top 50 safest investment suburbs across Australia.
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