Real Estate News
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Inflation jump could spark interest rate rise
A 14th cash rate hike is once again on the table, after the monthly inflation rose to 4 per cent in May.
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Property gains hit a 14-year high
Homeowners are cashing in on the back of rising prices, with profitable resales reaching the highest level since July 2010 according to new data.
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Chantelle Collin named partner at BresicWhitney
Head of Property Management at BresicWhitney, Chantelle Collin has officially become a partner, on the back of her contribution and position as a trusted leader of the real estate group.
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Property prices set for more growth in the next year
Australian property prices are now expected to rise as much as 5 per cent in 2024, with a property insights leader revising its forecast on the back of increased buyer demand and an uptick in listings.
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Shani Costi appointed general manager at Costi Cohen
Commercial property buyers agency Costi Cohen has appointed Shani Costi as general manager, as it looks to significantly grow the brand over the next 12 months.
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Luna Park expected to sell for about $70 million
Sydney’s iconic amusement park, Luna Park, has hit the market for the first time in two decades.Â
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10 things to know about the NZ property market right now
Regulatory change is a huge theme for housing at present, so in this environment CoreLogic's Chief Property Economist, Kelvin Davidson, draws on some anecdotal insights gathered from market participants 'on the ground'.
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Residential yields outperform commercial assets
Rising interest rates have seen yields increase across different asset classes, however, residential property has been steadily outpacing commercial assets.
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SA’s new rental laws to come into effect
South Australia's new rental reforms are set to take effect on 1 July and will see new rights for tenants facing record-low vacancy rates.
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Agents team up for viral $2 million Enfield home campaign
A Sydney sales agent and buyer’s agent have teamed up to run a viral marketing campaign on an unlivable Enfield home that’s expected to sell for about $2 million at auction this weekend. Richard Matthews Sales Executive and Auctioneer, Matthew Blackmore, has teamed up with JBX Buyers Agent, Jason Ballo, to market 21 The Parade, Enfield, in a campaign that’s…
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Jay Giblett: mixing business and lifestyle in Endeavour Hills
A year ago, Jay Giblett often felt like he was robbing Peter to pay Paul.
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Sales volumes rising in NSW, but WA’s hot run could be over
Sales volumes are on the rise across a host of suburbs in NSW, however, demand in Western Australia might be starting to fall.
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Best of RE/MAX bask in Bali
The elite in the RE/MAX sales force have shaken off early winter chills to warm up while experiencing three days of professional stimulation at the Platinum + event.
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Auction numbers remain high despite winter setting in
Auctions have remained unseasonably high for the start of winter with strong stock levels coming to market and buoyant interest from buyers.
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Foreign buyers flood into Melbourne and QueenslandÂ
Foreign buyers are flooding back into Australia, with Melbourne and Queensland emerging as the hottest locations for overseas purchasers.
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Ray White uses sign language to make auctions accessible
Ray White Noble Park has made history by providing an Auslan interpreter to sign the auction call of a live auction.
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The 27 key metrics agents need to track
Systems and checklists are the keys to keeping your finger on the pulse of your business and generating growth, according to an expert.
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Gold Coast’s Landmark project to boost A-grade office space
A Gold Cost mixed-use development is set to provide the city with a year’s supply of office space.
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US housing shortage rises to 4.5 million homes
The housing shortage in the US has grown to 4.5 million homes, with a pandemic construction boom unable to stave off the dramatic deficit.
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Mortgage arrears hit three-year high
Borrowers are increasingly falling behind on their mortgage repayments with arrears hitting a three-year high.
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Data centres might be the next big alternative asset class
Data centres have quickly become an in-demand asset class, driven by a rising population and tight supply.
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Sabrina Gao heads up Ray White Lower North Shore’s China desk
Ray White Lower North Shore has enhanced its Chinese connection with a new full-service desk led by Sabrina Gao.
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Handling the death of a tenant with compassion
Death is something that touches us all and property managers can at times find themselves confronted with the death of a tenant.
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Calls to cap the number of short-term rentals
There is a new call to cap the number of Airbnb-type properties, with new data showing that 74 per cent of new housing supply heads straight to the short term rental market
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Record Real Estate of Origin for Ray White Group
Ray White agents across Australia and New Zealand have booked 10,141 appraisals at the 15th Real Estate of Origin event, with friendly rivalry fuelling the success.
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Harcourt’s icy plunge raises $10,000 for MND
Harcourts Ulverstone & Penguin team members have taken an icy trip down the town’s water slide to raise more than $10,000 for Motor Neurone Disease.
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View Media Group partners with Century 21
View Media Group has joined forces with Century 21, in a strategic partnership designed to shake up digital marketing in the real estate sector.
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Property prices to hit new records in new financial year
Property prices will continue to rise in the coming financial year, with Sydney’s house prices set to more than double Perth’s.
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REA Group acquires remaining interest in Realtair
REA Group has now acquired full ownership of Australian PropTech, Realtair.
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NSW State Budget plans for 30,000 new homes
NSW Treasurer Daniel Mookhey has handed down this year's state budget, with a focus on building more homes and measures to help to manage the ongoing housing crisis.
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RBA keeps cash rate on hold at 4.35 per cent
The Reserve Bank of Australia has kept the cash rate on hold at 4.35 per cent at its June meeting, but hasn’t ruled out a further hike if sticky inflation continues to persist.
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MRI Software partners with CBA on reimagined payments solution
Commonwealth Bank of Australia (CBA) has unveiled a strategic collaboration with MRI Software to enhance the residential real estate sector's payment processes.Â
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Housing affordability is getting worse in WA
Home prices in Western Australia aren’t looking as cheap as they used to be, with new data showing that affordability has declined again.
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Nerida Conisbee: Shouldn’t we already be in recession?
An interesting global study was recently released by the International Monetary Fund (IMF,) which looked at how sensitive countries were to monetary policy based on their housing markets.
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Ray White Queensland partners with the Brisbane Lions
Ray White Queensland has kicked off a three-year partnership with the Brisbane Lions, becoming their official real estate partner.
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