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GROWTH IN HOUSING FINANCE APPROVALS RESUMES

May 4th, 2021

  The March 2021 Lending to Households and Business figures released today by the Australian Bureau of Statistics show that the value of new loan commitments for housing rose again after a fall in February which came after eight consecutive months of growth, according to the Real Estate Institute of Australia (REIA). The ABS figures […]

2021 OFFERS UNIQUE OPPORTUNITY FOR LATE AUTUMN AND WINTER SALES

April 29th, 2021

With only one month left before winter, Real Estate Institute of Australia (REIA) is urging homeowners who had been thinking about selling their house prior to the pandemic, to not keep those plans on hold. REIA President, Adrian Kelly said COVID created a lot of uncertainty, but we have definitely come out on the other […]

RENTS CONTINUE RECOVERY FROM COVID IMPACT

April 28th, 2021

The March 2021 quarter CPI figures show that the rental market continued its recovery from the impact of the COVID pandemic in most capital cities, according to the Real Estate Institute of Australia (REIA). REIA President, Adrian Kelly said the capital city weighted average showed that rents remained unchanged for the March quarter following an […]

All-star line-up for REIA National Awards for Excellence 2021 to be held in the Top End

April 21st, 2021

The Finalists for the REIA National Awards for Excellence 2021 presented by realestate.com.au have been announced by the Real Estate Institute of Australia (REIA).  REIA President Adrian Kelly said the REIA National Awards for Excellence 2021 recognise the best of the best in Australian real estate; and highlight how State & Territory Institute membership set’s both agents and […]

HOMES SHOULD BE AT THE HEART OF BUDGET 2021 AS AUSSIE JOBS COME BACK ONLINE

April 19th, 2021

With the welcome news that an additional 70,000 new jobs were added to the economy in March and with unemployment now sitting at 5.6%, the May 2021 Budget is expected to focus on getting Australia back to a ‘new normal’ and looking beyond the pandemic. With the vaccination roll out now being addressed by bi-weekly […]

RAPID GROWTH IN HOUSING FINANCE APPROVALS SLOWING DOWN

April 1st, 2021

The February 2021 Lending to Households and Business figures released today by the Australian Bureau of Statistics show that the value of new loan commitments for housing fell after eight consecutive months of growth, according to the Real Estate Institute of Australia (REIA). “The seasonally adjusted value of new loan commitments for owner occupier housing […]

AUSTRALIAN HOUSING PRICES SOAR BY 500% OVER PAST 25 YEARS

March 31st, 2021

Australian housing prices have soared by more than 500% over the past 25 years but while capital values have grown, yields have fallen to all-time lows. Real Estate Institute of Australia (REIA) President, Adrian Kelly said housing investors have been driven more by expected capital gains rather than rental yields. According to data from REIA, […]

REIA News - March 2021

March 29th, 2021

REIA News – March 2021. Updated Mutual Recognition framework contains consumer risk exemption. In another deregulation agenda matter. REIA Research. To read CLICK HERE

REIA WELCOMES A RETURN TO NORMALITY AS RENTAL MORATORIUMS IN MOST MAJOR STATES END

March 29th, 2021

Real Estate Institute of Australia (REIA) has welcomed the return to normality with the end of rental eviction moratoriums but with this has urged landlords and tenants to keep the lines of communication open. REIA President, Adrian Kelly said the rental eviction moratoriums in jurisdictions like Tasmania and Queensland have not been catastrophic but moving […]

SHOW US THE EVIDENCE FOR BENEFITS TO CUSTOMERS: MUTUAL RECOGNITION

March 19th, 2021

REIA has called for more evidence to back claims that AMR will grow productivity and reduce red tape with the introduction of the Mutual Recognition Bill to the Lower House this week for Australian real estate agents. The Bill claims that: “PwC estimated that AMR could lead to additional economic activity of around $2.4 billion […]