“With the election now behind us, a spike this week is a distinct possibility" says REINSW
Housing policy played a key role in the election and with Labor’s victory, the shared equity proposition for some first home buyers of the Help to Buy scheme presumably awaits, says Tim McKibbin, Chief Executive Officer, REINSW.
With real estate transaction activity set to kick back into full gear in February, the Real Estate Institute of NSW (REINSW) has identified four key predictions for the market in 2022.
REINSW: Role of real estate reinforced as revenue records tumble
The recent budget highlighted the importance of real estate to the economy however a record-setting end to the financial year has reinforced the point: the property industry is the most important in the state – and it’s more important than it has ever been before, according to the Real Estate...
Drop in vacancies signals positive news for Sydney residential rental market
The REINSW Vacancy Rate Survey results for June 2021 show that residential rental vacancies in Sydney have dropped for the second consecutive month and the rate now sits at 3.1%.
REINSW: Stable demand can support supply innovation
With low interest rates to remain a reality for some time, contributing to the relative stability of economic influences affecting real estate, the pressure is on Governments at all levels to identify new ways to increase supply and tackle the affordability issue, according to the Real Estate...
REINSW: Fine details needed on rental repayment plan
The Real Estate Institute of NSW (REINSW) has acknowledged the NSW Government’s intention to protect tenants in rental arrears beyond March 27 but has urged Government to provide clarity on what “support” for landlords and tenants actually means ahead of the looming deadline.
REINSW calls on Fair Trading to unlock jobs-in-waiting
There are hundreds of would-be workers in the NSW real estate industry forcibly unemployed due to NSW Fair Trading bureaucratic inefficiencies, says the Real Estate Institute of NSW (REINSW).