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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.

Mining boom boosts regional Qld rental market

Renters are flooding the Queensland property market on the back of a mining boom, causing a housing shortage across the western side of the state. Ma...

Westpac increases fixed rates

Westpac has confirmed yesterday that it will lift interest repayments on its fixed rate mortgages by as much as 0.25 per cent. Westpac senior media r...

Mortgage market slumps

The number of people seeking new home mortgages has collapsed as the three consecutive interest rate rises are finally being felt by the market. Acco...

Rent to surge in 2010

Rents across Australia are expected to soar in 2010, new research from Australian Property Monitors (APM) has found. According to APM, Sydney rents c...

NSW premier extends stamp duty initiative

Premier Kristine Keneally’s decision to extend the cuts to stamp duty for new homes will drive economic stimulus and help improve housing affordabil...

Industry body explains Fair Work Bill

The Real Estate Employers Federation of Western Australia (REEFWA) will launch a national website dedicated to helping agents understand and deal with...

Property stock surge predicted: RE/MAX

Despite a reduction in the number of properties for sale over the past 12 months, RE/MAX managing director Geoff Baldwin is predicting a surge in stoc...

FHB’s getting older: ABS

First-home buyers are getting older, according to data from the Australian Bureau of Statistics (ABS). Figures from the ABS showed two thirds of firs...

Inner West is Sydney’s top performing property market

Sydney’s inner west is fast becoming the city’s best performing residential property market, with land values outflanking eastern and lower northe...

Sex resort for sale

Australia’s premier nudist resort renowned as a top tourist destination for lude behaviour, sex and swingers, now boasts a million dollar price tag....

Chinese buyers eye off Oz

The Australian property market is gearing up for a boom year dominated by investors. LJ Hooker real estate agency expects the majority of investors t...

China tightens home lending rules

Amid growing concerns of an impending housing bubble, China is expected to announce its plans to tighten home loan guidance. The world’s third larg...

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