The Real Estate Institute of Australia (REIA) today released its quarterly report that provides a snapshot of the real estate sector in Australia and all of the data shows that 2014 ended on a high note with strong housing price gains recorded across the nation.
The Real Estate Institute of Australia (REIA) has called on the Government to commit to substantial tax reform following the release today of the Treasury’s Intergenerational Report – Australia in 2055.
The Real Estate Institute of Australia (REIA) today released its quarterly report into housing affordability in Australia and the new data shows worsening levels across the nation.
The Real Estate Institute of Australia (REIA) has welcomed the Government’s resolve to strengthen compliance and enforcement of foreign investment in Australian residential real estate following the release today of its Options Paper. REIA CEO, Amanda Lynch says, “The strengthening of compliance and enforcement as well as an increase in penalties for non-compliance were recommended by REIA in our submission to the Inquiry into Australia’s foreign investment policy as it applies to real estate.”
The Real Estate Institute of Australia (REIA) has released the full list of finalists in this year’s National Awards for Excellence. REIA CEO, Amanda Lynch says, “The awards recognise the best of the best in Australia’s real estate and this year with all states and territories participating, the competition is tighter than ever. This year, a total of 106 entrants will compete for 16 awards and judges have commented on the high standard of entrant submissions.”
The Real Estate Institute of Australia (REIA) says adjusted data released today on Australia’s first home buyer levels shows a still disappointing figure.
In its pre-budget submission, the Real Estate Institute of Australia (REIA) has urged the Government to retain negative gearing to encourage property investment and place downward pressure on rents.
<p>The Real Estate Institute of Australia (REIA) commended the Reserve Bank of Australia’s (RBA) decision to introduce a 25 basis point cut to the official interest rate bringing the figure to the lowest level since the late 1950s. The official interest rate is now 2.25% after one of the longest period of interest rate stability.</p>
The Real Estate Institute of Australia is calling on the Reserve Bank of Australia to cut current interest rate levels following the release today of the latest Consumer Price Index figures.
<p>The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) reflect moderating activity in the housing market.</p> <p>The Real Estate Institute of Australia (REIA) says the figures for November 2014 show, in trend terms, that the number of owner-occupied finance commitments was unchanged. This is the second consecutive month of no change. If refinancing is excluded, in trend terms for November, the number of owner-occupied finance commitments fell by 0.4 per cent.</p>
