Latest News

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 […]

REIA SIGNS INAUGURAL SPONSORSHIP AGREEMENT WITH REALESTATE.COM.AU

March 17th, 2021

The Real Estate Institute of Australia (REIA) is pleased to announce a unique new sponsorship agreement today in Adelaide with Australia’s #1 address in property, realestate.com.au. REIA President, Adrian Kelly said the affiliation of the two key industry leaders represents an exciting phase for both the REIA and realestate.com.au who will be utilising and expanding […]

REIA REPORTS A RISE IN HOUSING AND RENTAL PRICES ACROSS MOST OF AUSTRALIA

March 10th, 2021

Real Estate Institute of Australia’s latest report, Real Estate Market Facts found that in the December quarter 2020, the weighted average capital city median price for both houses and other dwellings increased in the Australian residential property market. REIA President, Adrian Kelly said the weighted average capital city median price increased by 6.0% for houses […]

COVID-19 PANDEMIC SEES FIRST HOME BUYERS INCREASE MARKET SHARE BY 50.4%

March 3rd, 2021

Real Estate Institute of Australia’s (REIA) latest Housing Affordability Report (HAR) shows that housing affordability in Australia declined nationally in the December quarter 2020 although, overall it improved over the year by 0.7 percentage points. REIA President, Adrian Kelly said that the decline in affordability is largely attributable to higher house prices and larger loans.

HOUSING FINANCE RECORDS CONTINUE TO TUMBLE IN 2021

March 1st, 2021

The January 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 grew for the eighth consecutive month and reached another record high, according to the Real Estate Institute of Australia (REIA). “The seasonally adjusted value of new loan commitments […]

REIA News - February 2021

February 26th, 2021

REIA News – February 2021. In this issue: What’s next for mortgage deferrals and JobKeeper. Election watch. Regions need reform to truly succeed. To read more CLICK HERE

REGIONAL PREFERENCES MEANS REGIONAL REFORM FOR HOUSING IS NEEDED

February 24th, 2021

Around 20 per cent of city dwellers would like to ‘go country’ according to a new Regional Australia Institute (RAI) survey. Real Estate Institute of Australia (REIA) President, Adrian Kelly said that while relocation to regional towns was well underway prior to COVID-19 from a real estate point of view, reforms are needed to improve […]

SHOW WILL GO ON FOR AUSTRALIAN REAL ESTATE AS FACEBOOK REMOVES POSTS

February 18th, 2021

As is the case with a range of sectors, Facebook has removed the posting of a range of major real estate portals, trade media and real estate member organisations. REIA is currently assessing the situation and the impact on the industry as a whole as Facebook has been an important channel to connect with Australian’s looking […]

REIA LISTS 12 PRIORITIES FOR THE FEDERAL GOVERNMENT TO ADDRESS IN THE BUDGET

February 4th, 2021

Real Estate Institute of Australia (REIA) is calling on the Federal Government to address several key issues impacting the property sector when it releases its May 2021 Budget. REIA acknowledges the work of the Federal Government and National Cabinet in protecting Australia from COVID-19 and the prompt economic and health measures that were put in […]

CHRISTMAS GIFT FOR HOUSING AS LENDING FINISHES IN 2020 ON A RECORD HIGH

February 1st, 2021

The December 2020 Lending to Households and Business figures released today by the Australian Bureau of Statistics show that the value of new loan commitments for housing grew for the seventh consecutive month and reached a record high, according to the Real Estate Institute of Australia (REIA). “The seasonally adjusted value of new loan commitments […]