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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.

Melbourne out performs other capital cities

Melbourne has been crowned the best performing residential property market in 2009. According to figures released by RP Data, Melbourne’s median pr...

Regional banks mortgage share takes a dive

The regional banks’ share of the mortgage market has fallen dramatically in the two years since the beginning of the global financial crisis. Accor...

AFL Grand Final dents Melbourne clearance rate

Property listings were surprisingly lacklustre in Melbourne on the final weekend of the government’s boost to the first home owners grant, according...

Merge creates growth opportunities

Newcastle based valuation firm, Wolthers Property Valuers, has merged with national valuation and property services firm WBP Property Group in a bid t...

Multi-unit approvals threaten recovery

Weakness in the multi-units sector continues to stifle the housing recovery in Australia, according to the Housing Industry Association (HIA). HIA se...

Real estate activity peaks

After a couple of months of strong growth real estate activity has peaked and will ease over the coming period according to the latest figures from RP...

Estate agent omits nuclear eyesore in property ad

A British estate agent has come under attack for failing to highlight the proximity of a ‘traditional fisherman’s cottage’ to two nuclear power ...

Grant helped big players get bigger

Australia’s largest builders have grabbed a bigger share of the new home market, thanks in large part to the first home owners grant. But the incre...

Property values climb 2pc in August

National property values have jumped by almost 2 per cent in August in the largest monthly movement since January 2005. According to figures from RP ...

Lack of housing supply to hurt affordability

The Reserve Bank of Australia (RBA) has warned that rising house prices and interest rates could have a significant effect on affordability. Speaking...

FHBs help agent hit 100% auctions clearance

The first home owners grant combined with low interest rates has helped Sydney and Melbourne enjoy bumper auction activity, with clearance rates ridin...

Mining industry pushes Perth property skywards

Once boasting the lowest property prices in Australia, Perth is now a booming metropolis with property sales and values rising every month. In 2002, ...

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