The Real Estate Institute of South Australia (REISA) continues to support real estate in South Australia with a new industry event being held next week.
REISA has poured countless hours into the preparation of the inaugural REI-CON SA, to be held at the Convention Centre here in Adelaide.
The event on 19 May will draw hundreds of real estate professionals from across the state to our innovation hungry and real estate savvy capital city, comprising keynote speakers, breakout sessions and a trade show exhibition.
All contributors are focussed on keeping South Australia up to date with the most innovative, ethical and engaging content, thereby further developing SA real estate’s march into the future.
The major sponsor, CoreLogic, is at the heart of real estate technology innovation and they are bringing some of the world’s best data to REI-CON SA.
Head of Research at CoreLogic and a breakout speaker at the event, Tim Lawless, spoke to us about his company’s data and how it may help real estate professionals.
“As a property market analyst, I’m in the fortunate position of being at the source of the most trusted set of real estate measurements in the country.”
“CoreLogic products and analytics are widely used across the real estate, banking, valuations, insurance and government sectors of Australia.” said Mr Lawless.
At REI-CON SA Mr Lawless will provide technology driven insights into the volatile rental market which shows no signs of abating across South Australia. These insights will give property managers and rental investors a unique understanding into market trends and outlooks.
“I’ll be covering housing market trends across South Australia with a focus on the rental market. Vacancy rates are at record lows and rents are rising sharply. The outlook for landlords is looking very positive but the downside is clearly that rental affordability is becoming more challenging. Finding new rental listings under such tight market conditions is a real challenge for property managers.”
“Apart from rental conditions, I’ll be touching on some of the broader housing market trends and doing my best to provide an outlook on where conditions may be heading” Mr Lawless said.
Mr Lawless also offered some advice for buyers and investors in the current market, saying “South Australia is still very much a seller’s market due to low listing numbers, short selling times and minimal levels of discounting.”
“Buyers should ensure they have a firm budget in place, gain pre-approval from their lender and be prepared to act quickly once they have found the right property. Over time we could see buying conditions start to improve as demand softens on higher interest rates and reduced borrowing capacity.”
REISA and CoreLogic are proud to present REI-CON SA to the real estate industry.
“The opportunity to have so many experts and like-minded people under one roof is rare. Networking and professional development opportunities will abound!” Mr Lawless said.
Go to https://au.eventscloud.com/reicon2022 to find out more and secure your spot to REI-CON SA now.