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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.

Agents enjoy strong spring activity

The spring market is still well and truly active, according to RP Data’s latest market activity index. Although RP Data’s head of property resear...

Talk back: your views on breaking industry news

Everyone has an opinion, and some people feel compelled to speak out. Here are just a few comments prompted by daily news broken on Real Estate Busine...

Offshore investors take double hit

The recent rate hike by the Reserve Bank will have an adverse impact on overseas investors, CB Richard Ellis regional director of institutional invest...

Solid building approvals suggest recovery underway

Strong building approvals are pointing to a moderate recovery in new home building, according to the Housing Industry Association (HIA). HIA chief ec...

Building developer strengthens client funding capacity

Mortgage and financial services group Firstfolio has signed a joint financial services agreement with building developer AV Jennings which will allow ...

Property prices climb to six year high

Residential property prices in Australia increased 3.7 per cent in September to a six year high, heightening the likelihood of a third consecutive rat...

Big four act on rate rise

The nation’s big four banks have wasted no time in passing on the Reserve Bank’s 25 basis point increase. ANZ was the first of the majors to move...

Rate rise won’t hurt housing demand

The Reserve Bank’s decision to raise rates for the second consecutive month should not make a large material difference to housing demand, the Housi...

Signs of life in industrial market

The industrial property market looks to be steadily emerging from the economic doldrums, with sales totaling almost $250 million in Melbourne alone. ...

Rate rise no threat to market

The Reserve Bank has lifted the official cash rate by 25 basis points to 3.50 per cent. The rate hike is the second 25 basis point increase in as man...

NT drafts new property laws

The Northern Territory has unveiled new property laws that will make the sale of property more transparent and expedient. Under the proposed legislat...

Borrowers choose variable over fixed

Most homeowners are happy to stick with their variable rate, a new poll by News Ltd has found. According to the online survey, 57 per cent of borrowe...

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