Real Estate News
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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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Americans eye Canadian real estate as 2024 election heats up
With the 2024 US presidential election going down to the wire, there's been a marked increase in American interest in Canadian real estate.
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Auction market reports mixed outcomes
As the spring selling season continues to unfold, Australia's auction market is demonstrating varied results.
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From startup vision to tech giant, leading the future of real estate management
Just over seven years ago, Proptech Labs was a startup with big ideas about transforming property management.
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Maxine Piekarski: finding her natural habitat with real estate
Maxine Piekarski has seen the real estate industry transform from print newspapers and landlines to digital platforms and mobile phones over her 30-year career.
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NZ property market sees decade-high stock levels
Buyers are in the driver's seat in New Zealand as stock levels are at a ten-year high.
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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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Victoria bans no-fault evictions
Victorian landlords will no longer be able to evict tenants without valid reasons as part of sweeping reforms to rental laws announced by the state government.
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Successful Gold Coast office rebrands to RE/MAX United
Collaboration and innovation form part of the next strategic move for successful business leaders Peter Catanzariti and Jean Brown, who have this week joined RE/MAX Australia.
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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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Japan’s abandoned homes spark viral trend yet pose investment risks
As Japan faces a growing number of abandoned homes, known as akiyas, content creators are finding viral fame by buying and renovating these cheap properties.
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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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Victoria’s regional social housing boost
In a move to tackle Victoria’s housing crisis, the state government has unveiled a new breakdown of its ambitious $1 billion Regional Housing Fund.
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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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Harcourts new head of Auctions Australia announced
Harcourts is excited to announce the appointment of Aaron Davis as the new Head of Auctions Australia.
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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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Buyer activity climbs as Kiwis reconsider the ‘forever home’
Following New Zealand’s recent drop in the Official Cash Rate (OCR), the property market is seeing a noticeable increase in buyer activity. According to new data from realestate.co.nz, enquiries have spiked by over 25%, indicating rising confidence among buyers and echoing similar, though smaller, interest following the previous OCR cut in August. Vanessa Williams, spokesperson for realestate.co.nz, attributes this shift…
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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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US election: what to expect if Trump or Harris wins
Donald Trump and Kamala Harris present contrasting policies that will directly impact real estate, from interest rates to affordable housing initiatives.
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FLK It Over gets NSW agents VOI compliant
FLK It Over, a digital platform is revolutionising how real estate professionals manage their agreements.
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Auckland auction event sees $24.9 million in property sales
A major Ray White auction event in Auckland has highlighted the strength of the local property market, with more than $24.9 million in sales recorded in a single day.
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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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Ruby Vo: From property management to sales success
Ruby Vo's journey in real estate began in 2010 when she started as a property manager.
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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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From commission houses to Melbourne’s best-selling agent under 30
From growing up in a commission home to being named in the Herald Sun’s Best-Selling Agents Under 30 list, Ozan Kanbur has come full circle.
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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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Jessica Cao’s auction success
Ray White Head of Performance and Recognition Bianca Denham recently sat down with Chairman’s Elite agent Jessica Cao from Ray White Upper North Shore, Sydney to talk about the secrets of her success.
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