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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.

Auction rates remain steady despite rate hike

The residential housing market appears to have weathered the latest interest rate rise, with auction clearance rates dipping only marginally over the ...

SA property prices up 190pc

Property prices in South Australia have soared over the last decade, with the average home now worth $250,000 more than in 1999. Data from Valuer Gen...

Murdoch sets house price record

Lachlan Murdoch has set the Sydney house price record of the year, after netting a mansion in the sprawling eastern suburbs for $23 million. The Bell...

Darwin yields greatest return

Darwin is the best performing capital city for rental yields with houses returning 5.9 per cent and units 6.2 per cent. According to figures from RP ...

New liquidity rules could cost borrowers

The Australian Prudential and Regulation Authority’s (APRA) new liquidity rules could add 0.05 of a percentage point to borrowing rates. According ...

Misleading conduct leads to two year ban

The Court of Appeal has upheld a decision by the Real Estate and Business Agents Supervisory Board to disqualify an agent from the industry for two ye...

Homeowners to suffer under increased debt burden

Homeowners that capitalised on record low interest rates and lifted their debt commitments are set to experience increased financial hardship in the m...

Agents enjoy strong spring activity

The spring market is still well and truly active, according to RP Data’s latest market activity index. Although RP Data’s head of property resear...

Talk back: your views on breaking industry news - November 2009

Everyone has an opinion, and some people feel compelled to speak out. Here are just a few comments prompted by daily news broken on Real Estate Busine...

Offshore investors take double hit

The recent rate hike by the Reserve Bank will have an adverse impact on overseas investors, CB Richard Ellis regional director of institutional invest...

Solid building approvals suggest recovery underway

Strong building approvals are pointing to a moderate recovery in new home building, according to the Housing Industry Association (HIA). HIA chief ec...

Building developer strengthens client funding capacity

Mortgage and financial services group Firstfolio has signed a joint financial services agreement with building developer AV Jennings which will allow ...

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