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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.

FHBs choose existing over new properties

First home buyers are turning their backs on new property, instead setting their sights on existing stock, the Reserve bank of Australia said in its M...

IMF delivers sombre outlook

The International Monetary Fund’s (IMF) annual review of the Australian economy has identified high levels of mortgage debt as the biggest risk for ...

Agent recieves10 year ban

A Manly real estate agent has been banned from operating for 10 years after he was found to have cheated an 85 year old client out of $1 million profi...

Clearance rates fall below 70pc

Australia’s auction clearance rates were down below 70 per cent in every capital city except Melbourne on Saturday, Australian Property Monitors has...

Demand for lower end property surges

Competition is rife in the real estate market with soaring demand for affordable residential real estate prompting buyers to pay tens of thousands of ...

Rates may rise to ‘normal level’: RBA

The Reserve Bank of Australia (RBA) today revealed it will consider raising interest rates to a “normal level” if further signs of a durable recov...

Housing price boom unlikely

AMP Capital Investors chief economist has warned home owners not to hold their breath for a boom-like recovery in house price. Shane Oliver, speaking...

Ray White records solid Victorian sales figures

Ray White yesterday reported a 26 per cent growth in statewide sales in Victoria on the back of strong first home owner activity. Preliminary residen...

Unemployment rate holds firm

The unemployment rate held steady over July, indicating that Australian businesses are riding out the economic downturn without having to resort to he...

Investors poised for market return

A survey has revealed that a significant number of current investors are gearing to capitalsie on current housing market opportunities and low interes...

First home buyer activity tipped to spike

With money markets forecasting interest rates to climb before Christmas and the government’s first home owner grant boost set to be reduced from Sep...

House price growth surges

House prices are rising at their fastest pace since the 2003 boom, thanks to the FHOG boost and the Reserve Bank of Australia’s (RBA) decision to ke...

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