The latest news from our industry

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Housing Finance Stable

April 12th, 2016

The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) confirm a stable housing market. The Real Estate Institute of Australia (REIA) says the figures for...

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Median house price falls for the first time in three years

March 10th, 2016

The Real Estate Institute of Australia (REIA) says that after thirteen consecutive quarters of growth, the weighted average median house price for the eight Australian capital cities decreased in the...

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Declining housing affordability highlights the importance of addressing the supply side issue

March 4th, 2016

The Real Estate Institute of Australia (REIA) says that in the last quarter of 2015, housing affordability in Australia declined to its worst level in the last three years. REIA...

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Labor’s plan won’t achieve stated goals

February 15th, 2016

Yesterday’s announcement by the Opposition that it intends to limit negative gearing to newly constructed investment properties will not achieve the claimed objectives of improving both the supply of housing...

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Time to review macro prudential measures

February 12th, 2016

The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) show a continued increase in owner occupier lending and a decline in investor activity. The Real...

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REIA CALLS FOR ACTION ON AFFORDABLE HOUSING AND STAMP DUTY IN BUDGET

February 10th, 2016

REIA’s Pre Budget Submission to Government focuses on housing affordability and taxation as it relates to property. The Submission notes that as Australia’s economy transitions from resource investment growth to...