‘Long overdue’ WA strata title reform welcomed by industry leaders
Leading industry bodies, including the Real Estate Institute of Western Australia, have welcomed the Western Australian State Cabinet's decision to continue with strata title reforms.
For every property they are marketing, Victorian agents must now provide a fact sheet with comparable sales, median prices, and estimated sale price, under new underquoting laws that come in today.
Moves afoot to ban NSW real estate agents, developers from local councils
Many residents of NSW are surprised to find that real estate agents and property developers are still allowed on local councils, says NSW shadow minister for local government, Peter Primrose.
The REINSW says policies being considered by the NSW government to improve housing affordability for first homebuyers is a step in the right direction.
Foreign buyers account for 11% of all NSW home sales
Between July and September 2016, foreign nationals accounted for 11 per cent of all NSW residential property sales, compared with first-home buyers who accounted for only 7.51 per cent.
Proposals cloud government moves on affordable housing
REIV CEO Gil King, asks why the Victorian state government announcement 'Long-term security for tenants' has been made in the middle of the 'Fairer, Safer Housing' review process.
Victorian rental reforms will hit our most vulnerable: REIV
Gil King, chief executive officer of the Real Estate Institute of Victoria, writes that higher costs for landlords could translate into higher rents and lower supply of rental property.
Just as consumer advocate group Choice showed Australian renters lack adequate security of tenure and face poor-quality amenities, data from the RBA shows renters are forced to move more often than home owners.
