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.
One in five NSW agents not meeting professional development standards
A random audit by NSW Fair Trading of 314 people working in the real estate industry found that 68 individuals had not completed their mandatory Continuing Professional Development training.
The latest batch of former housing commission homes in Millers Point, on Sydney city's doorstep, were sold last night through agent McGrath - achieving strong bidding and high prices.
The ratio of household debt to disposable income was at a record high of 188.7 per cent at the end of 2016, according to recent statistics from the RBA.
The REINSW says policies being considered by the NSW government to improve housing affordability for first homebuyers is a step in the right direction.
RBA governor says supply key to improving housing woes
Philip Lowe, governor of the RBA, last night said that increasing supply was the key to easing the housing crisis, but tighter lending rules help to put the economy on a more sustainable footing.