Chicago Business reports that US newspapers are reporting single digit declines in real estate advertising. Publishers say the downturn is cyclical. Industry observers say the downturn reflects a long term change by vendors and real estate agents.
This space is hotter in Australia than ever with PBL now in the space pushing their MyHome offering, News Ltd strong with realestate.com.au and Fairfax pushing their strong Domain. Across at the independent end is zeroagents - for vendors who want to really change the way they sell their proiperty.
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