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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.

Agent pushes for ‘name and shame’ policy

One real estate agent’s campaign to name and shame other agents who fall foul of the industry’s professional standards may soon become a reality. ...

NAB claws for market share with new guerrilla marketing campaign

While the National Australia Bank (NAB) has said it cannot rule out the possibility of raising its variable mortgage rate before the RBA meets again i...

NZ keeps rates on hold at 2.5pc

The Reserve Bank of New Zealand has decided to keep the official cash rate on hold at 2.5 per cent for the seventh consecutive month. Reserve Bank Go...

Start of the housing construction boom

The housing construction industry has begun to boom once again, according to Westpac’s latest economy report. The report said public investment had...

Feb rate hike doesn’t faze agents

The unemployment rate has fallen 0.1 per cent to 5.7 per cent in November, bolstering views that the Reserve Bank will raise rates when they meet agai...

McMansion sets Australian property record

A sprawling waterfront mansion in Perth has set an Australian property record after selling for $57.5 million. Yesterday, mining heiress Angela Benne...

Investors will flood market in 2010: PRDnationwide

Property activity is expected to increase in the first quarter of 2010, thanks to strong demand from investors and upgraders. PRDnationwide research ...

Number of home loans soar

Lending for the construction of new homes rose dramatically in October, figures from the Australian Bureau of Statistics (ABS) has revealed. The ABS ...

Homeowners brace for further rate rises

Homeowners can expect a further two rate rises in February and March, NAB’s chief economist Alan Oster has claimed. According to Mr Oster, the Rese...

Top Sydney suburbs revealed

Sydney’s inner west has some of the fastest growing housing prices, according to a recent report. John McGrath’s Summer Market Review 2009 counts...

Rates dampen housing affordability

Housing affordability will continue to be hammered by rising interest rates, a report by the Real Estate Institute of Australia (REIA) and Deposit Pow...

Second tier lenders increase rates above RBA hike

Almost all of the second tier lenders have followed the lead of CBA, Westpac and ANZ and lifted variable mortgage rates beyond the Reserve Bank’s 25...

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