Real Estate News
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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Central Park Tower's priciest penthouse that was listed for US$250,000 with high-profile agent Ryan Serhant has been withdrawn from the market.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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Rohin Arora: Freedom to run your own business
Rohin Arora knew he wanted to go out on his own and build a business for himself, but he quickly realised that as a young agent he was going to have to go above and beyond to make it happen. Mr Arora joined Area Specialist after starting his career with a larger franchise and establishing himself in the industry. He…
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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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One-minute data: Australian house prices hit record highs, but growth slows
House prices in Australia's capital cities have reached new highs for the sixth consecutive quarter, but the pace of growth is decelerating.
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Data insight: Regional properties outperform cities in rental yields
Regional property markets are obtaining higher rental yields for investors compared to their city counterparts, according to new analysis.
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View.com.au integrates Apartments & Developments
View Media Group (VMG) has integrated apartment and development project listings into the 'buy' section on view.com.au.
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REIV urges tax reform after new home starts plummet
The Real Estate Institute of Victoria (REIV) has called on the State Government to modernise its property tax strategy after new figures revealed the number of new homes built in the state has slumped to a decade low.
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Palm Beach gets a ‘glow up’ with new apartment developments
The Gold Coast’s Palm Beach is in the midst of regentrification, with numerous new luxury apartment developments popping up along the shoreline of the once sleepy seaside village.
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Online retail slowdown raises questions over industrial property
Online retail sales have started to plateau after the Covid lockdown-led boom, and it could have significant implications for industrial property going forward, according to an expert.
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One-minute data: rental market remains tight despite slowing growth
National rents have remained unchanged over the June quarter, with the median weekly rent holding steady at $600 per week.
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NAB strategically cuts fixed rates
National Australia Bank (NAB) has made a “strategic” move in slashing its three-year fixed rate as the Reserve Bank of Australia (RBA) weighs up whether or not to lift interest rates at its August 6 meeting.
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Gen AI leads McKinsey’s top tech trends for 2024
Despite the increased economic turbulence of 2023, investment in technology has shown resilience, with Generative AI leading the charge in innovation.
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One-minute data: Australian home value growth cools as winter sets in
CoreLogic's daily home value index shows a slowdown in national property price growth, with values rising just 0.5 per cent over the past four weeks.
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Olympic boom: Brisbane prices could rise 50 per cent
Brisbane could be on the verge of an extended boom in property prices, with value potentially rising 50 per cent thanks to the upcoming Olympics and huge interest from foreigners.
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