Real Estate News
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Sydney’s affordable housing scheme set for major overhaul
The City of Sydney is pushing forward with significant changes to its affordable housing scheme, aimed at dramatically increasing the number of affordable dwellings for low-income households.
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Houses outperform apartments in New Zealand
House prices have shown stronger growth compared to apartments over extended periods, with land value playing a crucial role in the difference, according to new data.
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Mitchy Koper and Matthew Bell join Oliver Hume
Property services and funds management group Oliver Hume has expanded and enhanced its marketing and research teams with the appointments of Mitchy Koper and Matthew Bell.
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Study Reveals How Neighbourhood Upgrades Cut Crime
A research study conducted across six major US cities has found that targeted investments in neighbourhoods, such as home repairs and new construction, can lead to significant drops in crime. The study, “Investment and Crime on Residential Street Segments: Assessing the Moderating Role of Neighbourhood Characteristics,” by researchers Marie Skubak Tillyer, Arthur Acolin, and Rebecca J. Walter, found that targeted…
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Glenn Hamilton steps into ownership at Ray White Redland Bay
Glenn Hamilton has grown his reach, taking over Ray White Redland Bay
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Victorian tourist town sees surge in property listings but no rentals
The popular Victorian tourist town of Bright is experiencing a big surge in property listings, with 100 homes currently on the market, despite still being in the grips of a housing crisis.
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Government fast-tracks 5,000 new social homes in housing push
The Government has announced an accelerated second round of the Housing Australia Future Fund (HAFF) to deliver 5,000 new social homes in partnership with states and territories.
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Regional divides increase in 2024
The property market is experiencing differences in growth across the country, with some areas showing strong gains while others face declining prices.
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Caroline Springs Office Joins Barry Plant
After starting as an independent office in 2003 and then becoming part of a major network in 2015, the team at Caroline Springs is now taking the next step in its evolution by joining the largest Victoria-only real estate group, Barry Plant.
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Property prices rise as markets shift
Property prices continue their upward trajectory with the national median house price reaching $1,050,370, marking a 6.2 per cent annual increase according to new data.
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Trump organisation expands its Middle East presence
The Trump Organisation is set to significantly expand its presence in Saudi Arabia with plans for multiple luxury developments, including a new Trump Tower in Riyadh.
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Callagher and Kellys join The Agency’s Inner West expansion
Sister real estate firms Callagher Estate Agents and Kellys Property have joined forces with The Agency, strengthening the national brand's presence in Sydney's Inner West.
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Listings hit multi-year highs despite November slowdown
The market is experiencing its highest November listing levels since 2020, despite a monthly decline in new properties coming to market.
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Cameron Brain steps up at Ray White City Realty Group
Ray White City Realty Group has promoted Cameron Brain to Director of Sales and Auctions, marking a significant milestone in the group's growth strategy.
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Inside Jennifer Lopez and Ben Affleck’s US$68 million property
In the heart of Beverly Hills, a sprawling 12-bedroom, 24-bathroom mansion continues to capture Hollywood's attention, not just for its jaw-dropping price tag, but for the high-profile drama surrounding its current status.
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Confidence rises, but housing supply and construction challenges persist in property sector
The December 2024 Procore/Property Council Industry Sentiment Survey paints a complex picture for Australia’s property industry.
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Blue chip New Zealand property outperforms
New Zealand’s high-end properties and certain regional areas are showing strength and outpacing much of the broader market, according to new data.
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Perth steals the show in a year of resilience
Despite fluctuating interest rates and affordability pressures, Australia’s housing market recorded an 8% increase in sales, reaching 528,000 transactions nationally.
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Laura Voinea: quality over quantity
Noble Park and Keysborough agent Laura Voinea has built her real estate career on a simple philosophy - focus on quality over quantity.
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American and Middle East buyers dominate luxury European property market
Wealthy American and Middle Eastern buyers are driving the super-prime property market in Europe, accounting for half of all £20 million-plus sales in London and 80 per cent of luxury deals on the French Riviera.
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Point Piper’s Wolseley Road claims title as Australia’s priciest street
Wolseley Road in Sydney's Point Piper has cemented its position as Australia's most expensive street, with median house prices surging to $45 million, according to new research.
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Paul Newman and Joanne Woodward’s NYC penthouse is a must-see
The beloved private retreat of Paul Newman and Joanne Woodward is now available for the first time in more than forty years.
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View Media Group (VMG) launch REIP Nexus data on view.com.au
Following VMG’s recent announcement on its partnership with REIP, REIP Nexus data has launched on view.com.au.
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RBA leaves rates on hold with inflation still “too high”
There’s no relief for mortgage holders just yet, with the Reserve Bank of Australia leaving the official cash rate unchanged at the December meeting.
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Vanessa Jeans returns home to Ray White
Ray White has announced the return of Vanessa Jeans as Head of People for Ray White Victoria and Tasmania.
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Energy Ratings gap reveals new selling point for modern homes
Modern homes built after 2010 achieve nearly double the energy efficiency rating of older properties.
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Real estate becomes India’s status symbol as luxury properties dominate 2024
This year, India’s luxury real estate market witnessed a dramatic surge in demand.
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Bob Dylan’s former NYC townhouse hits all the right notes
Located at 242 East 49th Street, this five-story home has a storied past, having housed a roster of prominent figures including Ruth Gordon, Mary Tyler Moore, Franco Zeffirelli, and Bob Dylan, who purchased it in 1990.
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LockedOn launches automated Digital CMA’s
A new, industry-first feature recently launched by CRM provider LockedOn allows agents to send quarterly digital CMA reports to their pipeline sellers automatically - on autopilot.
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London design firm to create ultra-luxury Sydney residences
World-renowned luxury design firm Banda Property is set to make its Sydney debut, designing interiors for an exclusive harbourside development in Darling Point.
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Canada to crack down on Airbnbs
The Canadian government has unveiled plans to help cities crack down on Airbnb and other short-term rental properties, with the goal of increasing housing availability for residents.
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Experts forecast first rate cut in May
Experts are predicting interest rates will remain elevated until at least May 2025, as the Reserve Bank maintains its focus on controlling inflation.
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New agents give real estate clients a winning advantage
Travis Gill has added three new agents to his leading Wynnum team with Julie Harris and Sean Dawson welcomed back to the RE/MAX brand, while Kim Gordon is making the move across the ditch from RE/MAX Realty Group in Warkworth, New Zealand.
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Luxury real estate thrives in Kabul
After decades of war and instability, Afghanistan’s capital is experiencing a real estate boom.
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PropTech solution set to ease new money laundering compliance burden
Real estate agents will soon face mandatory anti-money laundering (AML) checks for both vendors and purchasers before properties can be advertised or sold, as part of new federal legislation.
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