REIA reports a rise in housing and rental prices across most of Australia
Real Estate Institute of Australia President, Adrian Kelly said the weighted average capital city median price increased by 6.0% for houses and by 0.9% for other dwellings.
COVID-19 pandemic sees first home buyers increase market share by 50.4% - REIA
Real Estate Institute of Australia’s (REIA) latest Housing Affordability Report (HAR) shows that housing affordability in Australia declined nationally in the December quarter 2020 although, overall it improved over the year by 0.7 percentage points.
Housing finance records continue to tumble in 2021 - REIA
Figures released by the Australian Bureau of Statistics show that the value of new loan commitments for housing grew for the eighth consecutive month and reached another record high, according to the Real Estate Institute of Australia (REIA).
McGrath brings new creative partnership with Canvas Group under one roof
McGrath Estate Agents has formed a new and strategic partnership with Canvas Group to collaborate on all facets of brand, design and content in a co-working environment.
The four major trends expected to shape the Australian property market
"Preliminary figures released by the ABS on the value of residential construction work done showed a decline in the September 2020 quarter to its lowest level since 2014,” said Angela Lillicrap, HIA Economist.
The Real Estate Institute of Victoria revealed that the average Victorian home is spending just 33 days on the market before being sold, the lowest recorded since 2009.