The median house price in Victoria has recorded its one of its largest quarterly increases, according to data from Real Estate Institute of Victoria’s quarterly March report.
The Real Estate Institute of Victoria believes a call by tenant advocates to cancel all rental debt sends the wrong message and could encourage tenants to stop paying their contracted rent.
The Real Estate Institute of Victoria revealed that the average Victorian home is spending just 33 days on the market before being sold, the lowest recorded since 2009.
REIV surveys Property Managers and the impact of COVID-19
Feedback gathered from REIV members has given us a valuable insight into the challenges that property managers faced due to disruptions caused by COVID-19.