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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.

UK houses values rise, finally

UK house prices have risen for the first time in 17 months, London’s government agency the Land Registry confirmed yesterday. According to the Regi...

Property bubble a threat to economy: Stevens

Reserve Bank of Australia (RBA) governor Glenn Stevens has warned that Australia is at risk of creating a property bubble driven by low interest rates...

Launceston proclaimed Australia’s most affordable city

A new report by RP Data has found that Rocherlea in Launceston is the most affordable suburb in Australia, with a median house price of $145,000. Acc...

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 ...

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