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Rate hold could herald renewed confidence in property market - CoreLogic
The decision from the RBA to hold the cash rate at 3.6% sends a clear message they are ready to take stock, assessing the economic impact of the rapid rate hiking cycle to date.
Adelaide’s property market to provide stable option for investment in 2023 - Knight Frank
South Australia’s property market is expected to provide a stable option for investment over the course of this year, according to Knight Frank.
REIA appoint Qld spokesperson Andrew Bell
The Real Estate Institute of Australia is delighted to announce the appointment of Mr. Andrew Bell OAM as our media spokesperson on Queensland issues.
Featured Property
Wayne Gillespie designed South Yarra sold between $13-$14m - RT Edgar
11 Fulham Avenue South Yarra sold by Sarah Case and Max Ruttner of RT Edgar offers a private family sanctuary with elevated views of South Yarra and the city.
Australians remain the biggest losers with sad state of housing supply: NHFIC
REIA has welcomed NHFIC’s report giving an analysis into housing demand and supply across Australia further highlighting the dire situation on the imbalance in the supply and demand of housing, and the consequences including rents.
Building and lending approvals stall under weight of the RBA - HIA
“With today’s data, there can be no justification for further rate increases,” stated HIA’s Chief Economist, Tim Reardon.
Veronica Morgan elected to PIPA Board of Directors
Qualified Property Investment Adviser (QPIA) and longstanding expert property buyer and commentator, Veronica Morgan, has been elected to the Property Investment Professionals of Australia (PIPA) Board of Directors. Veronica Morgan is the founder and principal of Good Deeds Property Buyers and is a former executive committee member of the Real Estate Buyers Agent Association of Australia (REBAA).
Australian residential for sale listings slowly trending upwards - Ray White Data
Adelaide and Hobart are the only cities showing listing growth says William Clark, Ray White Data Analyst.
John McGrath – Changing pandemic trends
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, the pandemic sparked trends we’d never seen before on that scale, some of which remain relevant today while others are fading away.
10-month streak of falls end, as Australian home values up 0.6% in March: CoreLogic Home Value Index
Dwelling values were higher across the four largest capital cities and most of the broad ‘rest-of-state’ regions, led by a 1.4% gain in Sydney. CoreLogic Research Director, Tim Lawless, puts the rise down to a combination of low advertised stock levels, extremely tight rental conditions and additional demand from overseas migration.
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