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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.

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 ...

Finance commitments rise for third straight month

The number of owner-occupied housing commitments increased 2.9 per cent in May, statistics from ABS’ Housing Finance report has revealed. The incre...

Sub $500K house prices set to slide

The end of the FHOG and various other government funded benefits could see lower end house prices fall by as much as 10 per cent, new analysis from CB...

House prices to increase

House prices should recover thanks to the ongoing shortage of residential dwellings, Lend Lease chief executive Steve McCann has claimed. Speaking to...

Auction activity slides

Australia’s auction activity was down in every capital city this weekend, with lower auction clearance rates and sales volumes recorded across the b...

July rates to hold firm

The RBA’s policy-setting board will meet next Tuesday to determine the interest rate benchmark, however, economists are tipping rates will remain un...

Housing supply well short of demand

Housing supply fell 16 per cent below demand over the 2009 financial year, a Residential Development Council of Australia report has found. According...

Vietnam enjoys property boom

Vietnam’s eastern suburbs of Hanoi are in the midst of a property boom. Since the onset of the global economic crisis, state banks have poured more...

Capital city property hot spots revealed

Prospective buyers looking to invest in a well performing capital city should look no further than Melbourne. According to RP data, Melbourne is the ...

RP Data launches fraud fighter

RP Data has launched a specialist mortgage fraud protection and loss mitigation platform called RP Data FraudMark.The CBA has already signed up for th...

20 per cent of homeowners in search of flatmate

One in five homeowners would consider having someone rent a spare room to help pay the mortgage, a new poll by PRDnationwide has found. The poll, whi...

Dwelling approvals slide

Dwelling approvals dropped 12.5 per cent nationwide in May, according to data released by the Housing Industry Association (HIA) yesterday. Ben Phill...

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