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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.

Good time to renovate: HIA

Trade contractor prices have eased thanks to an influx of skilled tradespeople, the Housing Industry Association’s (HIA) Austral Bricks Trade report...

Consumer Affairs clamps down on dodgy estate agents

In a major crackdown on underquoting, investigators from Consumer Affairs Victoria (CAV) have raided the offices of 60 real estate agents. Underquoti...

Refinancing surge to fund renovations: Loan Market

A significant number of mortgagees are refinancing in order to make improvements to their homes, Loan Market Group has revealed. According to the mor...

New home demand surges

There is increased demand for new homes in Australia, the Housing Industry Association (HIA) has said. According to the association’s chief economi...

Sydney most expensive city: Bankwest

Sydney is the least affordable capital city in Australia, the Second Annual Bankwest Key Worker Housing Affordability report has found. In Sydney, th...

First home buyer activity to continue

Real estate agents can expect first time buyer activity to remain after the beefed-up grant expires according to a new consumer survey. Almost 60 per...

Auction clearance rates slide

Auction clearance rates slid in almost every capital city this weekend, statistics from Australian property Monitors (APM) has revealed. Sydney achie...

Sydney land values on the rise

Sydney is Australia’s most expensive capital city to buy land, the Housing Industry Association’s (HIA) latest residential report has found. Acco...

PM warns of impending interest rate rise

In a bid to keep the economy in surplus Prime Minister Kevin Rudd has warned voters that interest rates will rise in the coming months. Mr Rudd said ...

Sydney farmland to alleviate housing shortage

In a bid to ease Sydney’s housing shortage, farms and rural lands will be carved up into at least five new suburbs. The state’s planning minister...

ACCC crackdown heralded by property industry

The Australian Competition and Consumer Commission’s (ACCC) suggested amendments to the Trade Practices Act have been welcomed by industry bodies fr...

Big incentives offered to spark NZ rental activity

The New Zealand residential property market is enjoying oversupply, causing average rent rates to drop by 3.5 per cent in the past three months, the S...

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