Media Releases

REAL ESTATE AGENTS IDENTIFY ASSISTANCE MEASURES

June 15th, 2020

Following a request by the Treasury’s Coronavirus Business Liaison Unit in regard to suggestions that will support the real estate industry, the Real Estate Institute of Australia’s member Real Estate...

APRIL HOUSING FINANCE RESPOND TO COVID RESTRICTIONS

June 10th, 2020

The April 2020 Lending to Households and Business figures released today by the Australian Bureau of Statistics show the value of loans for housing fell by 5.0 per cent in...

REIA RELEASES QUARTERLY REAL ESTATE MARKET FACTS

June 10th, 2020

The latest edition of Real Estate Market Facts, published by the REIA, shows an increase in house prices. “During the March quarter 2020, the weighted average median price for houses...

REIA WELCOMES FEDERAL GOVERNMENT HOUSING STIMULUS PACKAGE

June 4th, 2020

The Real Estate Institute of Australia has welcomed the Government’s announcement of the ‘HomeBuilder’ package to support the residential building sector by providing assistance to owner occupiers to build new...

HOUSING AFFORDABILITY IMPROVES MARGINALLY IN THE MARCH QUARTER

June 3rd, 2020

The REIA Housing Affordability Report is out for the March quarter and shows a marginal improvement across the country to housing affordability. The proportion of income required to meet loan...

CAUTION FOR BUILDING STIMULUS PACKAGE

May 29th, 2020

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...

DOOMSDAY HOUSING PRICE FORECASTS HIGHLY QUESTIONABLE

May 21st, 2020

The REIA says that forecasts of housing price drops of as much as 30% are highly questionable and cannot be relied upon with any degree of confidence. “We are in...

MARCH HOUSING FINANCE NUMBERS A HIGH TIDE MARK

May 6th, 2020

The March 2020 Lending to Households and Business figures released today by the Australian Bureau of Statistics show the value of loans for housing continued to increase, albeit at a...

REIA BACKS FEDERAL GOVERNMENT’S TRACING APP

April 22nd, 2020

President of the Real Estate Institute of Australia, Adrian Kelly has backed the Federal Government’s new COVID-19 tracing app. “Our entire industry has been impacted by the virus and we...

STATES AND TERRITORIES TO ORGANISE RENTERS AND TENANTS

April 7th, 2020

REIA president Adrian Kelly said he understood the complexity the Federal Government has had, dealing with eight jurisdictions in the realm of residential real estate. “Nevertherless, I am disappointed that...