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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.

Overseas demand pushes prices up

Overseas investors are driving top end property prices upwards, recent record sales in Melbourne show. Real estate agency Kay & Burton in Melbourne h...

Fixed rate popularity slides

The popularity of fixed interest rate home loans in Australia has continued to fall, according to October 2009 data from Mortgage Choice. Fixed rate ...

Retail sales up

Retail sales activity is on the rise despite tracking well below historical levels, according to research by CB Richard Ellis (CBRE). Overall, Queens...

Honeymoon rates could bite recent first home buyers

First home buyers that chose low introductory rates will feel the pressure of rate rises, Loan Market Group’s chief operating officer Dean Rushton h...

Big Pineapple up for grabs

More than 170 hectares of land for sale surrounding Queensland tourism icon The Big Pineapple has received strong interest from both local and oversea...

Property developers, political parties to be fined for donations

Under new legislation introduced into state parliament today property developers may be hit with $11,000 fines if they donate to political parties. P...

Unfinished mansion sale highlights market strength

An unfinished Gold Coast residential mansion has been sold for $17 million. The mansion on Hedges Avenue, Mermaid Beach, was purchased last year for ...

REIV to vote on whether to name and shame dubious operators

The Real Estate Institute of Victoria (REIV) will consider a recommendation for the naming and shaming of agents who breach professional standards at ...

“Huge wall of capital” to flow into Australian real estate

Asia-Pacific investors look set to flock to Australia’s property market following South Korea’s National Pension Service’s decision to buy a pro...

Ray White announces push into India

Ray White today announced its expansion into India. The group will join forces with one of India’s top five real estate companies, Gulshan Properti...

US home sales soar

Existing home sales in the US jumped 10.1 per cent in October, the National Association of Realtors revealed yesterday. The hike pushed the annual ra...

Mortgage market can expect increased competition

Competition is slowly starting to reemerge in the mortgage market, RBA assistant governor Guy Debelle has claimed. Speaking at the recent Minter Elli...

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