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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.

Construction plunges in March quarter

Final figures released yesterday by the Australian Bureau of Statistics (ABS) confirm that new residential building work fell sharply in the March 200...

UK housing market blooms

The UK housing market improved last month, with home values increasing for the first time in 20 months. Across Britain, the number of respondents tha...

UK asset backed scheme fails

A government scheme to kick-start the UK mortgage market is not working, MPs have said. The £50 billion ($104 billion) asset-backed scheme, announce...

Gold Coast enjoys sales jump

The Gold Coast residential land market and new housing market has seen a significant turnaround in sales activity during the March quarter 2009, resea...

Residential market set for upswing

New research from Colliers International has shown that four Australian states have hit bottom and are poised for an upswing. House prices in Melbour...

True depth of financial stress revealed

More than 39 per cent of working Australians could only survive for 30 days on their current savings if they lost their job, statistics from Dun & Bra...

Variable rates to rise

Major banks are likely to increase their variable home mortgage rates regardless of any movement in official rates by the Reserve Bank of Australia (R...

Ray White engages new marketing strategy

Real estate franchise Ray White has launched a development marketing arm that will help improve residential development sales in New South Wales. Ray...

Capital cities auction results fluctuate

Australia’s auction activity was down in almost every capital city this weekend, with Brisbane the only city to record an increase in the value of h...

Rental prices stall

The median rental yields for units in Sydney, Melbourne and Brisbane fell in the June quarter, statistics from Australian Property Monitors’ rental ...

Brighter economic conditions ahead

The International Monetary Fund (IMF) last night raised its forecast for global economic growth next year by 0.6 of a percentage point to 2.5 per cent...

Loans for residential construction up

A lift in home lending in May points to a “green shoot” in home building, according to the Housing Industry Association (HIA). Data from the ABS ...

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