Australian Property Updates

Property Information & Real Estate Updates

Monthly Archives: January 2011

RP Data may be sold to CoreLogic

US data provider CoreLogic aims to dramatically expand its international footprint. This, after launching a $194 million takeover offer for the shares it doesn’t already own in local real estate information services company, RP Data, The Australian reports. CoreLogic is offering $1.65 per share plus a 5c per share dividend from RP Data. CoreLogic, listed on the New York Stock ...

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Drop in building constrution in November

BUILDING approvals dived 4.2 per cent in November in a reflection of the impact of interest rate rises. Approvals fell 4.2 per cent to 13,158 units in November, seasonally adjusted, from an upwardly revised 13,728 units in October, the Australian Bureau of Statistics (ABS) said today. In the year to November, building approvals were down 9.9 per cent, evidence the ...

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