The value of new housing loan commitments by lenders continues to increase, driven by owner-occupiers, according to the Real Estate Institute of Australia (REIA), as shown by the latest figures from the November 2019 Lending to Households and Business figures, released today by the Australian Bureau of Statistics (ABS). “In seasonally adjusted terms, the value […]
The Real Estate Institute of Australia (REIA) is proud to be part of an industry wide response to the devastation caused by the bushfires. “In only a few days nearly thirty major franchise groups and the Real Estate Institutes (REIs) around Australia have pledged nearly $900k to assist those suffering loss and disruption across Australia […]
The Real Estate Institute of Australia (REIA) has welcomed the re-election Adrian Kelly from Tasmania, as President for a second term. Mr Kelly was re-elected as the President of REIA, the national professional association for Australia’s real estate sector at its Annual General Meeting held in Canberra yesterday (12 December). Hayden Groves from Western Australia was […]
Australia’s two largest capital cities are leading a housing recovery, according to the Real Estate Institute of Australia. REIA Real Estate Market Facts for the September quarter 2019 said the weighted average median price for houses for the eight capital cities increased to $743,776. “The increase was driven by the larger property markets of Sydney and Melbourne where house […]
First home buyers take advantage of low interest rates: report. Housing affordability has improved across the country seeing the highest percentage of first home buyers in the marketplace in eight years, according to research from the Real Estate Institute of Australia. REIA President Adrian Kelly said the September quarter 2019 edition of the REIA Housing Affordability Report found housing […]
REIA News – September – October 2019 Feature Article: Highlights of Australasian Real Estate Institutes’ Auctioneering Championships 2019. Also in this issue: Auctioneering Award for Excellence for Outstanding Service. Market Snapshot.
The September 2019 quarter CPI figure continues to be good news for home buyers and renters, according to the Real Estate Institute of Australia (REIA). “The All Groups CPI, increased by 0.5 per cent in the December quarter giving an annual increase of 1.7 per cent,” REIA President of Adrian Kelly said.
Congratulations goes to Justin Nickerson of Queensland who took out the title of the 2019 Australasian Real Estate Institutes’ Auctioneering Champion. Real Estate Institute of Australia (REIA) President Adrian Kelly said the event saw fierce competition with one of the most highly acclaimed auctioneers in the history of the championships stepping up to claim […]