Real Estate Institute of South Australia

Thursday, September 24

Real estate industry feels pinch as sales dry up

House sales in March were down by more than 100 on last year with potential buyers showing caution as COVID-19 restrictions were put in place. And the Real Estate Institute of South Australia says initial surveys are showing April sales are only at half their usual numbers as confidence in the market evaporates.

Real estate industry calls for incentives to boost sales

The real estate industry is calling for State Government help to kickstart house sales sagging under COVID-19 restrictions, including stamp duty relief and first home buyer incentives.

Harris Real Estate director Phil Harris has stepped down as the SA Real Estate Institute president. Photo: Facebook

Revolving door at top of real estate industry after court case

The Real Estate Institute of SA has its third president in the space of a month as a result of fallout from a court case involving two high-profile agencies.

Court ruling reveals fractured alliances among SA's real estate elites

Harcourts has won a court case against its former ‘number one’ real estate agent, now the president of the Real Estate Institute of South Australia, in an extraordinary judgment that reveals the alliances and fault lines at the very top of South Australia’s real estate industry.

Govt promises to weed out dodgy property managers

The State Government will introduce registration requirements for residential property managers after receiving a consistent stream of complaints about unprofessional and dodgy operators.

Property chief dismisses dim 2016 forecast for Adelaide

South Australia’s peak real estate body has challenged the findings of a national property performance report which states values have gone backwards and predicts a rough 2016 for Adelaide.