REIA big three for federal inquiry returns to housing fundamentals
REIA President, Adrian Kelly said they have called for all governments to address three fundamentals which will assist Australians in achieving home ownership.
John McGrath – Millennials' impact on the property market
According to John McGrath founder and executive director of McGrath Estate Agents the prevalence of working from home allows millennials to reset the boundaries of their property search away from pricey inner city districts.
Practical policy measures to achieve home ownership are working: NHFIC report
Real Estate Institute of Australia (REIA) has welcomed the release of the National Housing Finance and Investment Corporation (NHFIC) report which has found that the government schemes to help first home buyers is helping young and older Australians alike in achieving home ownership.
John McGrath – The Value Buy: Inner Ring Apartments
John McGrath founder and executive director of McGrath Estate Agents says the softening in apartment values due to the closed international borders is temporary and in the meantime, local buyers have the advantage.
Australian housing values rising at the fastest annual pace since June 1989, but the monthly rate of growth continues to lose steam - CoreLogic
CoreLogic’s national home value index rose another 1.5% in September, taking Australian housing values 17.6% higher over the first nine months of the year and 20.3% higher over the past 12 months.
Perth house prices soar 18 per cent in last 12 months - REIWA
Perth price growth has accelerated over the last year, with CoreLogic data confirming the Perth home value index has increased 18.1 per cent in the last 12 months.
“Detached building approvals rose in August 2021, suggesting there is still strong demand for housing despite the end of stimulus measures in March,” stated HIA Economist, Angela Lillicrap.
CoreLogic Pain & Gain Report: Australian property sellers cash in on highest level of profitability in a decade
CoreLogic’s Pain & Gain Report, shows 91.5% of resales during the June quarter recorded a nominal profit-making gain from the previous purchase price, the highest level of profitability in just over a decade.