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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.

Property fire sales on the rise

The number of prestige properties being sold at mortgagee auctions is on the rise, data from Colliers International has found. About 500 apartments a...

Interest rate hike to hit Qld property market

A hike in interest rates could be terminal for house prices in Queensland, a new report has found. The Midwood Queensland Investment Report showed ho...

Strong demand to continue from first home buyers

Agents can still expect to see strong sales to first home buyers over the coming months despite the wind-back of the beefed-up FHOG. More than 200,00...

Prestige property slides 45pc

The prestige property market has recorded a 45 per cent drop in gross sales from its peak in 2008, according to the quarterly Dyson Austen Top 10 Pres...

Finance commitments down; investor interest up

Data from the Australian Bureau of Statistics has revealed a slowdown in the rate of growth of finance commitments. Total finance commitments rose 0....

Investors look to property over shares

Australians are more likely to invest in property rather than shares, a new poll has found. According to a snap consumer poll by Archicentre, 71 per ...

Property sales soar in 2009

Property sales volumes have jumped by 32 per cent across Australia in the 12 months to 30 June 2009. Figures from RP Data also showed that the number...

Interest rates to remain on hold - for now

Mortgage rates are likely to remain on hold until at least November as companies continue to shed full time employees. According to the Australian Bu...

Spring surge in agents’ activity

Real estate agents have taken advantage of the warmer spring weather and ramped up their activity in the market place, according to RP Data’s Market...

Consumer confidence surges

Consumer confidence has hit its highest level since July 2007 – a positive for the economy but a further indication that the RBA may raise rates soo...

Housing market healthy: HIA

The level of new home lending remained very healthy in July 2009, according to data from the Australian Bureau of Statistics (ABS). The total number ...

Banks may increase variable rates ahead of RBA

Variable interest rates may rise by 0.15 per cent before the RBA lifts its cash rate, a new study has warned. According to the financial comparison w...

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