ASX-listed proptech Openn Negotiation in $5 million capital raise
Openn Negotiation will undertake a share placement and share purchase plan for a total capital raise of up to $5 million.
What inflation means for Property Developers
A global pandemic and war in Ukraine – the perfect storm for soaring inflation. So what does this mean for property developers?
Higher Interest Rates hitting home: Mozo
Mozo found that almost half of mortgage holders said they will be under serious financial stress when their home loan interest rates pass 4%.
Is blockchain technology set to revolutionise the Australian real estate industry?
The Real Estate Institute of Australia has released a groundbreaking report to support blockchain adoption by Australia’s real estate agents and agencies.
Domain appoints Belinda Sinclair as new National Sales Director
Property marketplace Domain has announced the appointment of Belinda Sinclair to the role of National Sales Director for Domain Residential.
ASX-listed proptech Openn hits $5 billion in property sales
Openn, the ASX-listed online real estate sales platform, has reached a massive milestone, reporting $5 billion in property sales.
Home renovation activity and spend hits 3-year high: Houzz survey
Home renovation activity and spend have reached the highest rates reported since 2019, according to the annual Houzz & Home survey.
Total value of Australian residential dwellings tops $10 trillion for the first time
The total value of Australia’s residential dwellings rose by $221.2 billion in the March quarter 2022, according to figures released by the Australian Bureau of Statistics (ABS) on 14 June, 2022. This brought the total value of Australia’s 10.8 million dwellings to $10.2 trillion for the first time. Michelle Marquardt, Head of Prices Statistics at the ABS, said, “The total value of residential dwellings rose $1.8 trillion in the 12 months to the March quarter 2022 from $8.4 trillion in the March quarter 2021.” NSW accounted for 40.1%, or $4.1 trillion, of Australia’s total value of dwellings, followed by Victoria with 26.9% ($2.7 trillion) and Queensland with 16.7% ($1.7 trillion). […]
