Revised auction clearance rate one of the lowest this year
But Gil King, the CEO of the REIV, told SCHWARTZWILLIAMS that last week auction volumes and sales in Victoria were ahead of those for the same period last year.
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.
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.