The March 2018 quarter CPI figures released today by the ABS continue to be good news for home buyers and renters with historically low interest rates set to continue, according to the Real Estate Institute of Australia (REIA).
“The All Groups CPI, increased by 0.4 per cent in the March quarter giving an annual increase of 1.9 per cent. The quarterly increase is below the preceding quarter’s increase of 0.6 per cent and the annual increase is the same as the December quarter of 2017,” REIA President Malcolm Gunning said.
Download the full media release here:
Owner Occupiers Driving Up Housing Finance Commitments
Real Estate Industry Responds to Devastating Bushfires
REIA News – December 2019
REIA re-elects President for second term
Property market bounces back in Sydney, Melbourne: REIA
First home buyers take advantage of low interest rates: report
REIA News – November 2019
REIA News – September – October 2019