Media Releases

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...