Housing affordability improves for the first time since 2021 - REIA
Housing affordability for home buyers has finally turned a corner with the March quarter of 2024, showing improvement for the first time in three years - but it’s a tale of two cities.
ABS data shows that the Consumer Price Index (CPI) rose 3.6 per cent in the 12 months to April, following a 3.5 per cent rise in the twelve months to March and 3.4 per cent in the twelve months to February.
Laing+Simmons Managing Director Leanne Pilkington said the awards night is an important way to recognise the efforts of the network’s best operators in a challenging market.
Capital clearance rate remains above 60 per cent for fourth consecutive week
There were fewer homes taken to auction over the first week of July, with 945 capital city auctions held returning a preliminary auction clearance rate of 68.9 per cent.
The 2019 REINSW Awards for Excellence finalists revealed
The Real Estate Institute of New South Wales (REINSW) has announced the finalists for its annual Awards for Excellence, which will be held at The Star Event Centre on Thursday, 19 September 2019.
Registrations are now open for the 2019 Real Estate Institute of New South Wales (REINSW) Novice Auctioneers Competition, with this year's proceeds going towards Domestic Violence NSW.
Auction activity down due to long weekend celebrations
Auction activity takes a back seat to Grand Finals and long weekend festivities, sending the preliminary combined capitals clearance rate below 50 per cent for the first time since December 2012.