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News

Keeping up with the latest updates on the real estate industry is now a breeze with Real Estate Business’ News category. This section contains breaking news stories on topics such as property management, real estate business marketing and regulation.

UK housing market in recovery

British house prices have risen for the third consecutive month, driven by increasing demand and a lack of supply. According to the Halifax division ...

Ray White marks record sales month

Ray White real estate has achieved its greatest monthly residential sales result ever for Victoria. According to Victorian general manager Marcus Wil...

RBA pushes rates up 25bp

The Reserve Bank of Australia (RBA) raised the official cash rate by 25 basis points this afternoon, making Australia the first developed nation to re...

Home owners cautious despite growing economic confidence

A new study from Consumer Insights has found the global financial crisis has forced more than one in four home owners to sell their property. Accordi...

Auction activity soars in Sydney and Melbourne

The recent surge in home buying activity shows no signs of abating as Sydney and Melbourne both recorded auction clearance results above 70 per cent o...

Job ads surge as pressure mounts on rates

Job ads have rebounded for the second consecutive month, prompting speculation that the Reserve Bank of Australia may raise rates today. According to...

Domain opens for inspections

Domain.com.au has launched an online inspection planner which puts an agent’s details next to their respective property listings. The inspection pl...

Melbourne out performs other capital cities

Melbourne has been crowned the best performing residential property market in 2009. According to figures released by RP Data, Melbourne’s median pr...

Regional banks mortgage share takes a dive

The regional banks’ share of the mortgage market has fallen dramatically in the two years since the beginning of the global financial crisis. Accor...

AFL Grand Final dents Melbourne clearance rate

Property listings were surprisingly lacklustre in Melbourne on the final weekend of the government’s boost to the first home owners grant, according...

Merge creates growth opportunities

Newcastle based valuation firm, Wolthers Property Valuers, has merged with national valuation and property services firm WBP Property Group in a bid t...

Multi-unit approvals threaten recovery

Weakness in the multi-units sector continues to stifle the housing recovery in Australia, according to the Housing Industry Association (HIA). HIA se...

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