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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.

Sound GDP growth for June quarter

The Australian economy has bucked the global trend delivering a seasonally adjusted 0.6 per cent rise in gross domestic product (GDP) for the June qua...

Prime time to invest in holiday homes

Cashed up Australians have the chance to buy their dream holiday home thanks to a slide in property values in some key holiday hotspots. Raine & Horn...

Building approvals soar

Residential building approvals have risen for the second consecutive month highlighting a strengthening economy and the increased demand for property....

RBA leaves rates on hold

The Reserve bank of Australia has left interest rates on hold for the fifth consecutive month, leaving the cash rate at 3 per cent. In a board meetin...

Prestige residential property to boom: McGrath

Residential real estate may be on the verge of the next big growth cycle, according to McGrath. In the group’s real estate’s spring market review...

New home sales take sidestep

The number of new homes sold is beginning to ease with just a 0.1 per cent increase in July, data from the Housing Industry Association (HIA) has foun...

PRDnationwide acquires commercial interest in regional realtor

PRDnationwide is set to expand its presence in Victoria after securing a commercial interest in regional realtor Jens Gaunt. The Jens Gaunt branches,...

Mortgage applications rise 28pc

More Australians are taking out mortgages as low interest rates and government handouts make owning a home more feasible, a new consumer credit survey...

Auctioneers go head-to-head

The 2009 annual Real Estate Institute Australasian Auctioneering Championships will take place in Tasmania tomorrow. The two-day competition asks Aus...

Residential market achieves solid gains

Home values across Australia have risen by an average of 5.9 per cent in the first seven months of the year, RP Data’s Home Value Index has found. ...

Sydney set for strong growth: Coldwell Banker

Sydney’s residential real estate industry is set for further growth and improved sales over the next two quarters, real estate brand Coldwell Banker...

Clearance rates soar in Sydney and Melbourne

Auction clearance rates have again surged above 70 per cent in Sydney and Melbourne, data from Australian Property Monitors has revealed. Sydney reco...

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