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For the last time in 2021, here are the biggest stories from this week.
Welcome to REB’s weekly round-up of the headline stories that’s important not only for the real estate sector but also for the state of property in Australia more broadly.
Here are this week’s biggest stories:
A Carseldine property manager who was found to be leasing dwellings and operating a trust account even though her licence had expired has been disqualified and fined $3,000.
Brace for a slowdown in the coming year, this chief executive is advising the profession.
The Real Estate Institute of Queensland (REIQ) is accusing the state government of treating the property market like a “cash cow” it can milk for profit.
After six years, Australia has returned to a top-five position in a quarterly global house price index, having achieved 18.9 per cent annual price growth.
ANALYSIS: The Bank of England became one of the first major economies to increase rates since the pandemic first hit, but will Australia do the same?
After admitting to numerous real estate agent law and regulation contraventions, a former Victorian western suburbs agency director has not lost his real estate licence but is not permitted to work in any executive or managerial roles for the next two years.
The events of 2021 shaped the property market in ways both predictable and surprising, positive and negative. 2022 is shaping up to be no different, according to Ray White.
The federal government is providing an additional $500 million in low-cost financing to support 2,500 more social and affordable houses for vulnerable Australians.
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