Real Estate Institute of Australia (REIA) has welcomed the 2021 Federal Government’s budget saying it’s a win for women and first home buyers closing in on their deposit gap.
COVID-19 pandemic sees first home buyers increase market share by 50.4% - REIA
Real Estate Institute of Australia’s (REIA) latest Housing Affordability Report (HAR) shows that housing affordability in Australia declined nationally in the December quarter 2020 although, overall it improved over the year by 0.7 percentage points.
New research from Westpac shows that COVID-19 is continuing to shape Australian home ownership goals, with the number of first home buyers looking to enter the property market in the next five years doubling from 7 per cent before the pandemic to 16 per cent.
"It's disappointing": New report finds housing affordability is down
Tasmania was the hardest hit as housing affordability declined across the country, according to research from the Real Estate Institute of Australia (REIA) and Adelaide Bank.
Most renters don't believe they will ever own their own home, survey says
That's according to a survey conducted by the Housing Industry Association (HIA) which found home ownership is more important to people than ever - but most believe it's completely out of their reach.
Over the past year there has been a surge in first home buyer activity, in fact first home buyers have been one of the only sources of growth in housing related activity, but are they now fading from the market?
In 2019, there will be several political and economic factors that will continue to impact Sydney’s property market, according to a leading real estate CEO.
