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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.

Rates to hit 5pc by year end: Westpac

The official cash rate is expected to reach 5 per cent by year's end, after a 25 point jump in September, according to Westpac's chief economist Bill ...

Australian property market among best in world

Australia’s property market has been named as one of the best in the world, thanks to a 20 per cent increase in house price growth last year. Accor...

Auction market cools in winter

There is increasing hesitation among home buyers to jump on the property bandwagon, with auction clearance rates dropping again over the weekend. In ...

Buyers unfazed by debt

Rising interest rates do not seem to be having a negative impact on home loan borrowers, according to a recent survey. Club Financial Services' lates...

Outlook glum for property market

Despite posting a modest increase in housing starts, the outlook for the new financial year remains sombre. According to Australian Bureau of Statist...

Female auctioneer to compete for top title

For the first time in history, a female real estate agent will compete for the title of Victoria’s top auctioneer. At just 30 years of age, Harcour...

Property Council welcomes audit on capital cities

The Property Council of Australia has welcomed an independent review of Australia’s capital cities by KPMG. “The report by KMPG shows that the pe...

Winter hotspots revealed: Raine & Horne

Despite the recent winter property market cool-down, there are still some active hotspots, Raine & Horne chief executive officer Angus Raine has said....

We are not in a housing bubble: Residex

Despite widespread speculation that Australia is in the midst of a housing bubble, Residex chief executive officer John Edwards has said this is not t...

RBA to leave rates on hold for 'near term'

The RBA is expected to keep the official cash rate on hold until at least August, having moved rates back to more "neutral levels". According to minu...

NSW govt offers $800K pa grant for landlords, tenants

The NSW office of fair trading has announced an $800,000 per annum grant for organisations providing residential rental accommodation, or conducting r...

House price growth to stall

A slow-down in house price growth is on the cards, according to BIS Shrapnel. The economic forecaster has revealed in its latest Residential Property...

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