REIV reminds buyers and sellers not to go overboard about increasing property prices in the new year.
A new real estate company could help low earners find inner city housing in Melbourne.
Melbourne has seen its weekend auction clearance rate exceed 70 per cent again.
Investors may be encouraged by the reduction in vacancy rates within Melbourne.
Victoria is expecting to see over 100 more auctions than last weekend.
REIV says that home buyers in Melbourne can now benefit from a wider selection of residential property types.
REIV publishes advice on negotiating a private property sale.
Melbourne's weekend property auctions saw strong results in June.
Melbourne had 42 suburbs with a median property price of one million dollars or more in the 12 months to May 2013, REIV reveals.