According to the Real Estate Institute of Australia, the June 2015 quarter CPI figures confirm the RBA Board’s assessment at its July meeting that inflationary pressures are well contained and are likely to remain so. REIA President, Neville Sanders, says “this should translate into a sustained period of low interest rates and be good news for home owners.”
“In the June quarter, the CPI rose by 0.7% and an annual rate of 1.5%. These figures are below the RBA’s target zone of 2-3% and should not put pressure on the interest rate outlook,” Mr Sanders said.
RAPID GROWTH IN HOUSING FINANCE APPROVALS SLOWING DOWN
AUSTRALIAN HOUSING PRICES SOAR BY 500% OVER PAST 25 YEARS
REIA News – March 2021
REIA WELCOMES A RETURN TO NORMALITY AS RENTAL MORATORIUMS IN MOST MAJOR STATES END
SHOW US THE EVIDENCE FOR BENEFITS TO CUSTOMERS: MUTUAL RECOGNITION
REIA SIGNS INAUGURAL SPONSORSHIP AGREEMENT WITH REALESTATE.COM.AU
REIA REPORTS A RISE IN HOUSING AND RENTAL PRICES ACROSS MOST OF AUSTRALIA
COVID-19 PANDEMIC SEES FIRST HOME BUYERS INCREASE MARKET SHARE BY 50.4%