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"Sydney is the job destination for Australia and there is strong migration. This is why we are seeing low vacancy rates."
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"The inner city is still showing signs of supply slowly entering the market place."
The creation of a new property division at NSW Fair Trading will help lift standards, says REINSW.
REINSW says it supports council amalgamations in NSW.
The New South Wales Government will impose tougher penalties for real estate agents who engage in underquoting.
The April 2015 Vacancy Rate Survey from the Real Estate Institute of NSW shows vacancy rates have stabilised across Sydney.
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