The Mix

News items you may have missed

Qld government rental cap proposal shows ‘no grasp on economics’: REIQ

REIQ CEO, Antonia Mercorella says ‘In the middle of a housing crisis caused by lack of housing supply, it’s beyond belief that the government is now proposing a measure which innately discourages further supply. More…

 

Self-reported trust account abuse leads to 900+ charges for former agent

 

 

Consumer Affairs Victoria has claimed that Jean-Noel Alain Philippe Gillet made multiple transfers from his agency’s trust account for his personal use over a 10-month period dating from 12 March 2019 to 10 January 2020. More…

 

Extraordinary result for Aussie house prices in February

 

A week after First National’s Information Express blog release on how waiting to buy could be costing first home buyers BIG time (See Information Express section), News Corp’s lead story confirmed that February’s data showed an extraordinary and completely unexpected outcome for house prices. More…

 

Listing oversight leaves Melbourne agency $6k out of pocket

 

 

A Victorian real estate agency has learned the hard (and costly) way that it pays to get your listing details right after being ordered to pay more than $6,000 to a buyer who purchased a home based on an incorrect advertisement. More…

 

 Second busiest auction week, year-to-date says CoreLogic

 

 

According to Caitlin Fono, Research Analyst of CoreLogic, preliminary capital city clearance rates slip following a further rise in interest rates. More…