Tasmanian housing debt deal needs to be managed carefully, says REIT
Real Estate Institute of Tasmania president Tony Collidge has welcomed the federal government's announcement to waive the state's $157.6 million housing debt but says more resources are needed to fully address the affordability and access issues.
Sydney has been the standout of the capital city auction markets in the first week of spring, recording a preliminary clearance rate of 83.1 per cent in the latest results from CoreLogic.
Sam Guo of Ray White Broadbeach celebrated half a decade of dominance at the Ray White Queensland Awards held last week, named number one sales performer in the state for the fifth year running.
REISA vows to meet with government on land tax following survey results
The Real Estate Institute of South Australia has signalled its intention to meet with the government to discuss proposed land tax changes after 93 per cent of its members said they did not agree with the plans laid out in this year's state budget.
Trying to time the market 'could cost you dearly': research
New research from the Property Investment Professionals of Australia (PIPA) has found that investors who try to time the market could lose hundreds of thousands of dollars.
WA sales and rental listings 'lowest since late 2014'
The number of properties available for sale and rent in Western Australia have dropped to the lowest levels since late 2014, with only 13,831 properties listed for sale and 6,599 properties listed for rent on reiwa.com in August.
'Announcements won't kick-start growth': Construction and property industries react to GDP figures
Australia's Master Builders Association and Property Council have called for more emphasis on construction in the wake of a 0.2 percentage point subtraction from the June quarter GDP result.