Media Releases

Modest Improvement in Housing Finance Continues

March 24th, 2014

Australian Bureau of Statistics (ABS) housing finance figures for August 2011 show in trend terms that, following half a year of consecutive decreases, the number of finance commitments increased marginally...

Reserve Decision Recognises Affordability Pressures

March 24th, 2014

With the latest REIA Deposit Power Housing Affordability Report showing that housing affordability has once again declined in Australia, the Reserve Bank of Australia’s (RBA) decision to leave rates on...

Mark Sumich Wins NAB Australasian Auctioneering Championship

March 24th, 2014

Mark Sumich from New Zealand has won the 2011 NAB Australasian Real Estate Institutes’ Auctioneering Championship. The runner up was Andrew North, also from New Zealand. Real Estate Institute of...

REIA Welcomes Treasury Comments on Stamp Duties

March 24th, 2014

The Real Estate Institute of Australia (REIA) has welcomed the comments made by the Secretary of the Treasury, Dr Martin Parkinson, that there needs to be a move to abolish...

House Prices Increase

March 24th, 2014

The Real Estate Institute of Australia (REIA) has released the June quarter Real Estate Market Facts report which shows improved performance in the Australian residential property market compared to the...