<p>The Real Estate Institute of Australia has welcomed the election of the new President, Neville Sanders from Victoria and Deputy President, Hayden Groves.</p> <p>Mr Sanders was elected to the presidency today at the Annual General Meeting held in Canberra.</p>
<p>The Real Estate Institute of Australia has slammed moves by the Australian Prudential Regulation Authority to clamp down on home lending and the Australian Securities and Investment Commission’s review of interest-only loans.</p> <p>REIA CEO Amanda Lynch said “These attempts to introduce tighter controls on housing loans and target property investors are totally unnecessary and a blunt instrument that adversely affects the entire market and not just one or two hotspots.”</p>
<p>A new report released today shows a cooling housing market across Australia with strong growth in Sydney the exception.</p> <p>The latest edition of the Bendigo Bank/ REIA Real Estate Market Facts report, released today by the Real Estate Institute of Australia, provides a comprehensive national snapshot of the sector using the latest data for the September Quarter 2014.</p>
<p>The Real Estate Institute of Australia has welcomed the release of the Financial System Inquiry as a valuable opportunity to identify the scope for reforms but has reservations that some recommendations could burden home borrowers with additional costs.<a href="http://reia-web.oskyweb.com/wp-content/uploads/2014/12/Murray-Inquiry-could-strain-housing-affordability-8-Nov.pdf"><br />Murray Inquiry could strain housing affordability 8 Nov</a></p>
<p>The Real Estate Institute of Australia has made a strong case in support of small business in lodging its submission to the Harper Competition Policy Review Draft Report. In its <a href="http://reia-web.oskyweb.com/government/submissions/">submission</a>, which is publicly available, REIA highlights how intellectual property can be dominated by large corporations in a bid to stifle competition and uses the specific example of trademarks for website domain names.</p>
<p>The latest edition of the Adelaide Bank/ REIA Housing Affordability Report for the September Quarter 2014 has some good news for potential home buyers – and just in time for Christmas!</p> <p>This new report, released today, shows an improvement right across Australia in housing affordability with the proportion of income required to meet loan repayments decreasing by 0.5 percentage points to 30.4% during the September quarter.</p>
<p>The Certified International property Specialist (CIPS) designation will provide Australian agents with an opportunity to become part of the CIPS network comprising of 2,800 real estate professionals from 45 countries.</p> <p><a href="http://www.learninglibrary.com/aspdotnetstorefront70/c-1008-cips-courses-non-us.aspx?affiliateId=10832">Click here to learn more </a></p>
Australian real estate agents have welcomed today’s release of the report into Foreign Investment in Australian residential real estate with the main recommendations backing initiatives lobbied for by the Real Estate Institute of Australia (REIA). Agents welcome Foreign Investment report Media Release
REIA makes the following recommendations: That an overarching review of Intellectual Property and its impact on competition, particularly as it relates to small business, be undertaken by an independent body, such as the Productivity Commission. One of the areas that the Productivity Commission review should examine is the use of trade marks for website domain […]
Despite the continued media reports of a housing boom in Melbourne and Sydney, the latest housing finance figures released today by the Australian Bureau of Statistics (ABS) reflect moderating activity in the housing market. The Real Estate Institute of Australia (REIA) says the figures for September 2014 show, in trend terms, that the number of […]
