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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.

Victorians feel the love for home improvements

Victorians continue to shell out more on home improvements than any other state, data from the Australian Bureau of Statistics (ABS) has revealed. Ac...

Top performing capital city revealed

Hobart is officially Australia’s best performing capital city, recording an average growth rate of 12.8 per cent each year for the past 10 years. A...

Median land price jumps 5.7pc

The cost of residential land continues to rise nationally, with a new report showing the median price of raw land jumped 5.7 per cent to $181,158 in t...

LJ Hooker launches summer campaign

Following its successful AuctionFest campaign late last year, LJ Hooker has launched a new Home Sweet Home campaign. The new campaign will encourage ...

Investor market on the rise

Confirming what most agents have known for some time, a new report from Westpac has revealed that investors are filling the gap created by first home ...

Rate freeze bodes well for agents

The surprise Reserve Bank decision to leave the official cash rate on hold at 3.75 per cent will help stimulate further activity in what remains a fra...

Investor confidence surges in 2009

Investors are not deterred by the current rising interest rate environment, a new study has found. According to ING Investment Management’s quarter...

New home sales plummet

The number of new home sales waned in December 2009 as the number of first home buyers in the market continued to drop. According to figures from the...

Majors to move in line with RBA rate rise

NAB has thrown down the gauntlet to other lenders after announcing it would not hike its standard variable home loan interest rate above any rise to t...

Australians optimistic about house prices

Despite three consecutive rate rises, most Australians remain optimistic about the future of the property market. According to the MFAA/Bankwest Home...

Up-graders to dominate in 2010

Up-graders will be a force to be reckoned with in 2010, according to the LJ Hooker/BIS Shrapnel Residential Property Index. Up-grader activity in the...

Rate rise imminent: AMP

The Reserve Bank is expected to raise rates for the fourth consecutive time when it meets tomorrow, amid evidence that the economic recovery is gainin...

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