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NSW drives strong demand for new housing into 2022
“Sales of new detached homes recorded an exceptionally strong quarter, led by Australia’s largest state,” stated HIA Economist Tom Devitt.
REINSW: You can’t tax something to make it cheaper
With voters heading to the polls on Saturday, housing affordability will be top of mind for many. But the NSW Government’s plan to introduce a new tax on property to somehow make it more affordable defies basic logic, says the Real Estate Institute of NSW (REINSW).
New REIWA CEO
REIWA is pleased to announce it has appointed Cath Hart as its new Chief Executive Officer.
A change of Place for Brisbane Bayside
Chief Executive Officer of Place Estate Agents Damian Hackett is excited to announce Glenn Bool as the new owner of the established Place office Manly.
REIA hails reinsurance pool design as a win for home owners and renters
Real Estate Institute of Australia (REIA) has welcomed the Federal Government’s finalisation of the design of the reinsurance pool for cyclone and related flood damage.
Construction costs rising at the fastest annual pace since 2005 - CoreLogic
CoreLogic’s Cordell Construction Cost Index (CCCI) for Q4 2021 showed that despite an easing in the quarterly rate of growth, national construction costs increased 7.3% over the 2021 calendar year, the highest annual growth rate since March 2005.
RESO’s Ranking Feature is becoming Real Estate Agents’ Rainmaker
“The current market has created a challenging environment for agents across Australia, who are struggling to keep track of copious amounts of offers as well as maximising best offers from each individual Buyer, but that’s where RESO comes in,” says RESO’s Sean Scoffield, National Sales Manager.
Featured Property
Private Banora Point retreat for sale - REAL Specialists
This tranquil family home, for sale by Corey Moret of REAL Specialists, features dual living potential just a short drive from the Gold Coast.
10 Perth suburbs to watch out for in 2022 - REIWA
REIWA President Damian Collins said the suburbs that featured on this list were suburbs that had recorded relatively low price growth during 2021, despite sales volumes increasing by 50 per cent or more in each area.
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