The Real Estate Institute of Australia expressed caution over the Prime Minister’s announcement, the Treasurer and the Minister for Housing are working on a plan to support the residential building sector.
“New home building at record levels has been a crucial support to economic growth over the previous three years. It stands to reason that in these unprecedented times Government should consider a stimulus to dwelling construction boosting expected low levels of employment and address growth in the Australian economy”, said REIA President Adrian Kelly.
Download the full media release here:
REIA WELCOMES THE REOPENING OF AUSTRALIA’S SECOND-LARGEST PROPERTY MARKET
Federal announcement of consumer credit reforms a positive for house listings Australia wide
REIA urges Victorian Government to safely restart Australia’s second biggest property market
Pandemic makes moderate impact on property: June Real Estate Market Facts
July Housing Finance Continues COVID Rollercoaster
Response to Tasmanian Government’s moratorium decision
Best rental affordability results since 2007: REIA
FIRST HOME LOAN SCHEME A WIN FOR BUYERS IN CITIES AND REGIONS
