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.
NSW moves a "great first step" to improve affordability: REINSW
John Cunningham, president of the REINSW, says the state government's moves to help first-home buyers are welcome "first steps" to address housing affordability pressures in NSW.
The NSW government is set to consider allowing development applications over a certain size to be automatically deferred to independent planning panels.
New home completions beat 1971 record, but will it be enough?
A record number of new homes were built in Sydney in the year to February, but John Cunningham, president of the REINSW, says more needs to happen in NSW to alleviate affordability pressures.
More properties went to auction last week than in any other week of the year, but the increase in supply did nothing to dampen demand - the nation-wide clearance rate rose to 77.6 per cent.