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The biggest real estate news – The week ending 13 November

By Staff Reporter
11 November 2022 | 10 minute read
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Behind the scenes of The Block, the advent of grateful sales, and FHB initiatives get a boost: Here are the biggest property and real estate stories from the past week.

Welcome to REB’s weekly round-up of the headline stories and news that are important not only for the real estate sector but also for the state of property in Australia more broadly.

To compile this list, not only do we consider the week’s most-read stories and the news that matter to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape. Here are the biggest property stories of the week:

  1.     Real Estate Exposed – The real story of The Block 2022

On this special edition of Real Estate Exposed, Tom Panos and Phil Tarrant take a look at what really happened in the season finale of the hit show. 

  1.     20 Aussie suburbs where price rises are imminent

There are a number of areas around the country where the cooling market is about to heat up, according to new research. 

  1.     How house 5 bagged a record-breaking auction on The Block

Tom Panos gives his perspective on the unusual set of factors at play that had an impact on the auction outcomes of The Block 2022.

  1.     NSW shared equity gets the green light

The state’s key workers, single parents and older singles can tap into the government’s shared equity scheme after it became law.

  1.     ‘The buyer literally stole it’: Grateful sales creep into the market

Cooling property markets have culminated in sellers panicking and agents accepting “grateful sales”, according to one Mornington Peninsula agent.

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  1.     REIV publicly slams entry-level agent education requirements

Andrew Meehan, the Real Estate Institute of Victoria (REIV) president, has taken aim at the lack of common sense he says is contained within Victoria’s professional education standards.

  1.     Draft legislation to widen social housing investment

The government’s housing and investment body has released draft amendments to allow more private investment towards social housing.

  1.     Home guarantee uptake surges in Qld

Queensland had the highest concentration of government guarantees in 2021–22, new data has revealed.

  1.     Home buyer intentions fall 27.3% YOY: CommBank HSI

Home buying intentions have further declined in October, according to the latest data from the Commonwealth Bank of Australia.

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