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REIA News - March - April 2019

April 9th, 2019

REIA News – March – April 2019. In this issue: 2019 REIA National Awards for Excellence. Negative Gearing and the 2019 Election. Federal Budget 2019 Overview. What Industry Stakeholders are Saying. Bendigo Bank – Instant Home Loan Tic of Approval. Market Snapshot.

Housing Finance numbers continue dive: REIA

April 9th, 2019

The February 2019 Lending to Households and Business figures released today by the Australian Bureau of Statistics show that the number of loans for housing, excluding refinancing, continues to decline, according to the Real Estate Institute of Australia (REIA). “Overall the figures for February 2019 show, in trend terms that the number of owner-occupied finance […]

Budget highlights importance of property to a healthy economy: REIA

April 2nd, 2019

The 2019/20 Budget provides a fiscal stimulus by increasing infrastructure spending and delivering higher disposable incomes to 10 million low to middle income earners, according to the Real Estate Institute of Australia (REIA). “Whilst there were no major surprises in the Budget, the measures will lift the brake of economic activity,” REIA President Adrian Kelly […]

REIA responds to oppositions start date for negative gearing and capital gains tax changes

March 29th, 2019

The Real Estate Institute of Australia (REIA) has reiterated its strong opposition to the Labor Party’s negative gearing and capital gains tax policy following the announcment that the 1 January 2020 would be the start date for their negative gearing and capital gains tax increases if they were to win the Federal election. “The REIA has […]

Winners of the REIA National Awards for Excellence 2019 announced

March 22nd, 2019

The Real Estate Institute of Australia (REIA) announced the winners of the 14thNational Awards for Excellence last night at a gala dinner held at Crown Perth. REIA President Adrian Kelly said the awards acknowledge and recognise the best of the best in Australian real estate. “More than 250 real estate professionals from across Australia converged […]

REIA welcomes SQM Labor Negative Gearing research report

March 21st, 2019

The Real Estate Institute of Australia (REIA) welcomes the release by SQM Reseach of the report Labor’s Negative Gearing Policy – A Market Update. “The report which models The Opposition’s proposal to change negative gearing on property and Capital Gains Tax is a valuable contribution to the public debate,” REIA President Adrian Kelly said.  

Hobart, Adelaide resist downward property price trend: REIA

March 13th, 2019

Property prices have fallen across Australia with houses declining 2.3 per cent and other dwellings 2.4 per cent, according to the latest research from the Real Estate Institute of Australia. REIA Real Estate Market Facts for the December quarter 2018 saw the weighted average median prices fall the most since December 2011 for houses. REIA President Adrian Kelly said the weighted […]

Hobart, Adelaide resist downward property price trend: REIA

March 13th, 2019

Property prices have fallen across Australia with houses declining 2.3 per cent and other dwellings 2.4 per cent, according to the latest research from the Real Estate Institute of Australia. REIA Real Estate Market Facts for the December quarter 2018 saw the weighted average median prices fall the most since December 2011 for houses. REIA President Adrian Kelly said the weighted […]

Hobart, Adelaide resist downward property price trend: REIA

March 13th, 2019

Property prices have fallen across Australia with houses declining 2.3 per cent and other dwellings 2.4 per cent, according to the latest research from the Real Estate Institute of Australia. REIA Real Estate Market Facts for the December quarter 2018 saw the weighted average median prices fall the most since December 2011 for houses. REIA President Adrian Kelly said the weighted […]

Housing and rental affordability declines marginally: report

March 6th, 2019

Housing affordability has marginally declined across the country, according to research from the Real Estate Institute of Australia and Adelaide Bank. REIA President Adrian Kelly said the December quarter 2018 edition of the Adelaide Bank/REIA Housing Affordability Report saw housing affordability decline in all states and territories with the exception of Victoria and the Northern Territory.