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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.

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...

RBA’s upbeat outlook fuels fear of rate rise

The Reserve Bank of Australia (RBA) has said the global economy is stabilising and the country can expect to enjoy subdued growth over the next two ye...

Prestige property market breakdown

Properties at the top end of the market are currently suffering significant losses, with values falling anywhere up to 45 per cent, statistics from Au...

New report predicts drop in unemployment

Australia’s unemployment rate will peak at 7.5 per cent rather than 8.5 per cent, Access Economics’ new Business Outlook report has found. Accord...

Auction clearance rates surge

Sydney’s auction clearance rate surged over the weekend, hitting 74.7 per cent, statistics from Australian Property Monitors (APM) have revealed. A...

Rise in US home building a positive sign

US home building rose in June for the third straight month, data from the US Census Bureau has revealed. Housing starts rose 3.6 per cent in June to ...

Co-ownership surges in popularity

The number of enquiries from friends and relatives wishing to buy a property together has risen 300 per cent, statistics from MyRate.com.au has reveal...

Loose lending drives Chinese property surge

China’s economy has surged in the second quarter to grow 7.9 per cent year on year. The economic turnaround has been fuelled by increased bank lend...

House prices on the rise

Statistics from Residex data has shown national house prices rose 0.7 per cent in June after a 2.1 per cent climb in May. This figure is just 0.5 per...

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