Real Estate News
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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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Barry Plant Eastern Group expands
The new Barry Plant Balwyn Office is set to be run by Director Isabella Kou.
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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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Moving home triggers major lifestyle changes for Australians
Two-thirds of Australians use moving house as an opportunity to transform their lifestyle and financial habits, according to new research from realestate.com.au.
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Property market set for big changes in 2025
The property market is poised for significant changes in 2025, with rate cuts expected and emerging trends reshaping both residential and commercial sectors.
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Monaco unveils Mareterra: the world’s most expensive and controversial “eco-district”
Prince Albert of Monaco has ordered concerts, fireworks and a drone display to celebrate the inauguration of a new neighbourhood that boasts the world’s most expensive real estate.
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Area Specialist and Real Estate Brilliance team up to empower agents in WA
A new collaboration bwteween, Area Specialist (AS) and Real Estate Brilliance (REB) is set to empower agents across Western Australia.
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Brisbane and Adelaide set to join the million-dollar club
Brisbane and Adelaide are set to join Australia's million-dollar median house price club by the end of 2025, according to an expert.
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