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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 clearance rates surge

Sydney’s auction clearance rate surged over the weekend, hitting 74.7 per cent, statistics from Australian Property Monitors (APM) have revealed. A...

Rise in US home building a positive sign

US home building rose in June for the third straight month, data from the US Census Bureau has revealed. Housing starts rose 3.6 per cent in June to ...

Co-ownership surges in popularity

The number of enquiries from friends and relatives wishing to buy a property together has risen 300 per cent, statistics from MyRate.com.au has reveal...

Loose lending drives Chinese property surge

China’s economy has surged in the second quarter to grow 7.9 per cent year on year. The economic turnaround has been fuelled by increased bank lend...

House prices on the rise

Statistics from Residex data has shown national house prices rose 0.7 per cent in June after a 2.1 per cent climb in May. This figure is just 0.5 per...

Australians invest in property to make a buck

Australians are investing in the property market to make up for weak returns on their super funds and share prices. ANZ head property and financial s...

Construction plunges in March quarter

Final figures released yesterday by the Australian Bureau of Statistics (ABS) confirm that new residential building work fell sharply in the March 200...

UK housing market blooms

The UK housing market improved last month, with home values increasing for the first time in 20 months. Across Britain, the number of respondents tha...

UK asset backed scheme fails

A government scheme to kick-start the UK mortgage market is not working, MPs have said. The £50 billion ($104 billion) asset-backed scheme, announce...

Gold Coast enjoys sales jump

The Gold Coast residential land market and new housing market has seen a significant turnaround in sales activity during the March quarter 2009, resea...

Residential market set for upswing

New research from Colliers International has shown that four Australian states have hit bottom and are poised for an upswing. House prices in Melbour...

True depth of financial stress revealed

More than 39 per cent of working Australians could only survive for 30 days on their current savings if they lost their job, statistics from Dun & Bra...

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