The REIV has released its March rental vacancy rates survey showing that vacant rental properties remain difficult to find, with a recorded vacancy rate for Melbourne of 1.5 per cent compared to 1.7 per cent in February.
As the REIV reported all is not lost for first home buyers. The strong Victorian property market and a $303M increase in stamp duty receipts has helped ensure a healthy balance sheet for the State Government in 2009-2010. However at Changing Places we believe much more can be done.
REIV CEO Enzo Raimondo said the REIV [...]
Despite interest rate rises Changing Places real estate agents remain busy with a significant increase in pre-listing activity.
This is also echoed by RP Data’s market activity index, which saw real estate activity trended upwards last month, reflecting a high level of new listings flowing onto the market week on week.
Last week recorded the third highest [...]
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