Monthly CPI should be seen in context - REIA
“Whilst on the surface this would appear disappointing it needs to be seen in the context of the drivers of the increase and other economic data,” said Mr Hayden Groves, President of the Real Estate Institute of Australia.
Peak Strata Body Releases Electric Vehicles in Strata ‘Challenges’ Report
Strata Community Association (SCA) has released an industry first report, a comprehensive analysis of the specific issues that the mass integration of EVs into strata buildings will create throughout Australia and New Zealand.
REIQ calls on Government to perform rather than reform
The Real Estate Institute of Queensland (REIQ) is urging the State Government to stop the legislative attack against rental providers, that would do more harm than good for both lessors and tenants amid the rental crisis.
Building approvals continue to fall as rates rise - HIA
“Building approvals in April 2023 remained at their lowest level in over a decade, with declines continuing for both houses and multi-units,” stated Tom Devitt, HIA Senior Economist.
Real estate leaders convene on the Gold Coast to discuss housing crisis
The Real Estate Institute of Australia (REIA) has today (30 May 2023) convened leaders from all over the country to understand the unique challenges Gold Coast property seekers are experiencing.
Rental affordability gap slashed; national unit rents only $39 a week cheaper than houses - CoreLogic
CoreLogic’s monthly Australian Unit Market Update shows growth across capital city unit rents continues to outpace house rents, increasing 1.6% and 0.9% in April, respectively.
Auctions record highest preliminary clearance rate since November 2021 - CoreLogic
According to Duane Kaak, Research Analyst, CoreLogic, the continued strength in the clearance rate is yet more evidence indicating the market has moved passed its floor.
The rental debate has been derailed - Ray White
According to Ray White Chief Economist Nerida Conisbee, the rental debate has been completely derailed so that the dominant messaging right now is that owners of rental properties and companies providing new housing need to be punished.
Increasing demand and an undersupply of accommodation impacts affordability for Australian renters - CoreLogic
Released today, the ANZ CoreLogic Housing Affordability Report: reflections on the pandemic and the rental market unpacks the state of affordability in the Australian rental market and looks at the many ways in which the pandemic has influenced the supply and demand of rental accommodation.
REIQ appoints new Director, bolstering Board to nine
The Real Estate Institute of Queensland (REIQ) has announced its appointment of a new non-member Director, expanding the Board to nine and complementing its skillset with in-demand specialised knowledge.