Lending values rise as listing numbers start to fall - REIA
The Real Estate Institute of Australia (REIA) said the latest Australian Bureau of Statistic (ABS) lending figures show the value of new housing loan and investment loan commitments rose over May 2022 including new loan commitments to first home buyers.
HIA Senior Economist Nicholas Ward states “Detached house approvals continue to be elevated compared to pre-COVID levels, meaning projects underway and new work entering the pipeline will continue to keep home builders busy into 2023".
John McGrath – The emergence of the co-primary residences for commuters
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, with companies asking staff to retrun to CBD offices, we’re starting to see dual home owners splitting their time between their city and regional homes equally.
Home Value Index shows Australia’s housing downturn builds momentum in June
Home Value Index shows Australia’s housing downturn builds momentum in June, driven by sharper falls in Sydney and Melbourne and weakening conditions elsewhere.
The Real Estate Institute of Australia has today (29 June 2022) released a groundbreaking report to support blockchain adoption by Australia’s real estate agents and agencies.
Perth's 20 fastest-selling suburbs in 2021-22 financial year revealed - REIWA
REIWA President Damian Collins said market conditions across Perth were strong, which was reflected in the very fast median selling times recorded by these 20 suburbs.