Source: IVSC Introduction
Although technology has been used in valuations for decades, recent advances may profoundly affect how valuations are performed and reported. The IVSC recognises that technology continues to evolve and is increasingly influencing valuation practice. As with all developments that have the potential to shape or impact the valuation profession, the IVSC actively monitors advancements in this area. Our commitment remains to support professional valuers by helpi...

Source: AVAA (Auctioneers and Valuers Association of Australia) The AVAA recognises the growing integration of Artificial Intelligence (AI), including generative AI tools, into the valuation profession. While these technologies have the potential to support valuers in research, analysis, and report drafting, their use must remain consistent with professional responsibilities, ethical obligations, and the principles set out in the International Valuation Standards (IVS). Under IVS Framework ...

Source: Cotality In May this year, the median house value across Brisbane surpassed $1 million for the first time on record – pushing the city into the exclusive million-dollar club alongside Sydney. The median house value hit $1,006,000 in May, up from $996,000 in the previous month and $942,000 a year prior. In June, house values continued to move higher, with the median lifting to $1,011,000. June also marked the ninth consecutive month that Brisbane was the second-highest house m...

Source: IRWA How compassion plays a role in acquiring property for infrastructure real estate projects BY GORDON E. MACNAIR, SR/WA, AACI, P.APP Empathy is not just a virtue — it’s a vital tool in property acquisition for infrastructure real estate projects. In a previous article titled "Global Infrastructure Real Estate" (Right of Way Magazine, Jan/Feb 2024), I highlighted the importance of empathy and compassion in this field. This article delves deeper, offering ...

The excitement is building as delegates from around the world prepare to gather in Sydney for the highly anticipated Global Property Congress 26-29 May 2025. One of the major highlights will be the joint presentation by two of the industry’s leading minds: John Leeson and Charles Stuart. John Leeson, renowned for his sharp insights and future-focused strategies, will open the session by challenging traditional thinking and offering bold predictions about the evolution of water entitl...