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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.

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 ...

Sydney farmland to alleviate housing shortage

In a bid to ease Sydney’s housing shortage, farms and rural lands will be carved up into at least five new suburbs. The state’s planning minister...

ACCC crackdown heralded by property industry

The Australian Competition and Consumer Commission’s (ACCC) suggested amendments to the Trade Practices Act have been welcomed by industry bodies fr...

Big incentives offered to spark NZ rental activity

The New Zealand residential property market is enjoying oversupply, causing average rent rates to drop by 3.5 per cent in the past three months, the S...

RBA’s upbeat outlook fuels fear of rate rise

The Reserve Bank of Australia (RBA) has said the global economy is stabilising and the country can expect to enjoy subdued growth over the next two ye...

Prestige property market breakdown

Properties at the top end of the market are currently suffering significant losses, with values falling anywhere up to 45 per cent, statistics from Au...

New report predicts drop in unemployment

Australia’s unemployment rate will peak at 7.5 per cent rather than 8.5 per cent, Access Economics’ new Business Outlook report has found. Accord...

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...

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