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AI to give agents a new edge in the property market - REIV
The Real Estate Institute of Victoria (REIV) has announced a partnership with data technology business PointData, to use its unique data and market insights and give members a competitive edge in the marketplace.
Featured Property
Circle on Cavill whole floor Gold Coast penthouse for sale - Amir Prestige
Sea Horizon 1 2661/9 Ferny Avenue Surfers Paradise for sale by Veronika Princeton-Hall and Mark Leonard Hall of Amir Prestige showcases glistening breathtaking azure ocean views and highlights beachside living at its best.
Auction market clearance rates, bidders, and registrations rising according to the latest Apollo Auctions Auction Report
It's clear that the market recovery is well under way with every auction metric measure recording stellar results in April, according to the latest Apollo Auctions Auction Report.
No end in sight for shortage of new listings says Ray White Chief Economist
In April, new listings were down 17.1 per cent with Sydney and Melbourne seeing the biggest falls says Nerida Conisbee, Ray White Chief Economist.
John McGrath – New help for more first home buyers
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, those wanting to get into the market may not see much price relief in the near future but should see interest rate relief sometime within the next 12 months as inflation is tamed.
Rates rise hasn't deterred buyers as Ray White report 76.6 per cent clearance rate from 339 Auctions
Australasia’s largest real estate group Ray White scheduled 339 properties to go under the hammer today, recording a preliminary auction day clearance rate of 76.6 per cent. Bidder numbers at auctions reflected the state of supply and demand, with Ray White recording an average of 4.9 registered bidders and 3,2 active bidders per auction.
2023/24 Federal Budget Wishlist
With the Federal Budget coming up, LJ Hooker head of research Mathew Tiller shares his real estate wishlist. The Federal government will need to focus on supply. The real estate market in Australia needs more of three things, says Tiller.
Revolutionary proptech Bricks + Agent acquires Inspection Manager
Rafael Niesten, Co-founder of Bricks + Agent, commented; “Both platforms are a natural fit for one another and share the ambition to deliver smoother maintenance, inspections and invoice-related transactions for all stakeholders. Our growth aspirations are aligned.
Featured Property
Pier by Mirvac Riverfront Newstead penthouse for sale - Place
250/1 Newstead Terrace Newstead for sale by Sarah Hackett of Place New Farm in conjunction with Matt Lancashire of Ray White New Farm features a private pool and 52m river frontage.
Rent freeze will not fix the rent crisis - REIA
REIA President, Mr Hayden Groves, has implored the Federal Government ahead of Budget 2023 to keep their eye on the prize of helping renters, and avoid knee-jerk policy reactions like rental freezes and rent controls.
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