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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.

FHOG has inflated property market: BankWest report

Almost one in five Australians believe the government’s First Home Owners Grant has been counter-productive and artificially inflated the market, th...

US house prices register growth but still 30pc down on 2006 high

US house prices increased by 2.9 per cent in June, registering the second consecutive month of growth, the Standard and Poor’s / Case-Shiller nation...

Construction slumps in June quarter

Residential building activity has fallen in the June quarter, according to data from the Australian Bureau of Statistics. Seasonally adjusted residen...

Gold Coast activity heats up

The Gold Coast apartment market is enjoying bumper activity, with the greatest number of sales in over a year, the latest Colliers International Gold ...

US broker defrauds lenders of $1.7m

In the largest case of mortgage fraud ever to be recorded in the State of Alaska, eight people will serve time in jail for defrauding 13 mortgage len...

Govt set to introduce new bankruptcy laws

The federal government has unveiled changes to bankruptcy laws for householders suffering mortgage stress. Under the proposed changes, the minimum de...

Scarce credit affects dwelling developments

Risk-averse banks and lenders demanding higher pre-commitment sales in order to provide finance are causing the housing industry to suffer. According...

End of FHOG may stall activity

Sydney’s improving auction clearance rates are a positive sign for the market however impending rate rises and the end of the beefed-up first home o...

Repossession and mortgage default cases fall

The number of house repossessions between January and July 2009 has fallen 30 per cent compared with the same period last year, figures from the NSW S...

Fair Trading office issues warning to agents

Real Estate agents operating without a license can face fines of up to $11,000, the Office of Fair Trading has said. Last month, the Office of Fair T...

Property market poised for recovery: agents

As the economic recovery gathers momentum there is growing belief amongst real estate agents that market activity will increase. Last weekend, Sydney...

Chinese investors look to Australia

Chinese investors are becoming increasingly more active in the Australian property market, purchasing some of Sydney’s most luxurious beachside and ...

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