The Real Estate Institute of Australia (REIA) says the Mid Year Economic Forecast Outlook (MYEFO) released today is positive news for both the economy and the property sector.
REIA President, Adrian Kelly said the $16bn improvement in the forecast deficit is largely due to fewer people needing the JobKeeper wage subsidy and reflects a better-than-expected recovery of the Australian economy.
Download the full media release here:
GROWTH IN HOUSING FINANCE APPROVALS RESUMES
2021 OFFERS UNIQUE OPPORTUNITY FOR LATE AUTUMN AND WINTER SALES
RENTS CONTINUE RECOVERY FROM COVID IMPACT
All-star line-up for REIA National Awards for Excellence 2021 to be held in the Top End
HOMES SHOULD BE AT THE HEART OF BUDGET 2021 AS AUSSIE JOBS COME BACK ONLINE
RAPID GROWTH IN HOUSING FINANCE APPROVALS SLOWING DOWN
AUSTRALIAN HOUSING PRICES SOAR BY 500% OVER PAST 25 YEARS