Easing inflation welcomed but no respite on housing - REIA
Real Estate Institute of Australia (REIA) President, Mr Hayden Groves said the latest ABS figures indicate inflation is continuing to moderate eliminating the need for further interest rate rises, however the housing crisis remains a top priority for governments to address.
“Residential building approvals in July 2023 continue to tread at very low levels, with this month’s decline led by a relatively sharper fall in multi-units,” stated Tom Devitt, HIA Senior Economist.
Professionals’ national expansion continues with six new offices
The new financial year has kicked off strongly for Professionals with the opening of five new offices across the country in July, taking the total to six for the quarter.
Time to move forward together to help renters - REIA
The Real Estate Institute of Australia (REIA) has provided a ten-point plan aimed at assisting Australian renters to the Federal Senate Inquiry (the Inquiry) into the worsening rental crisis.
The Agency accelerates market share growth in difficult operating environment
National real estate company The Agency Group Australia has delivered a strong increase in national market share in FY23 as it continues to grow market presence nationally across six states and territories.
REIA says young Aussies being short changed on tax and homes: IGR
The Real Estate Institute of Australia congratulated the Treasurer on the release of the Intergenerational Report but has said shows it has looming and unresolved headwinds for Australia’s younger property customers.
Combined capitals set for busiest auction week since early April
With 2,377 homes currently scheduled to go under the hammer, this week is set to overtake last week (2,037) as the combined capital's busiest since early April (2,687).