The Real Estate Institute of Australia has urged caution in the actions of regulators and banks to limit bank lending in an attempt to dampen investor demand for property in Sydney and Melbourne.
“Whilst warnings about interest-only loans and over committed borrowers might be justified in some circumstances it does not mean all interest only loan borrowers should be penalised and outlawed,” Real Estate Institute of Australia President Malcolm Gunning said.
Housing Finance Numbers Confirm Market Feedback: REIA
Property market rationalisation underway: REIA
REIA News – June 2018
Real Estate Industry on Pathway to Professionalism
Australian Capital Cities Median House Price Falls: REIA
Housing Affordability Improves Across Australia: Report
REIA News – May 2018
Six Month Decline in Housing Finance Numbers