Best in the industry recognised at REIA's 2017 National Awards for Excellence
The Real Estate Institute of Australia has recognised the profession’s most outstanding performers at the 12th Annual REIA National Awards for Excellence.
Affordability worsens as bigger mortgages erode benefits of lower rates
The proportion of family income required to meet average monthly loan repayments was 29.5% during the September quarter, up modestly from 29.4% the previous quarter, according to The Adelaide Bank/REIA Housing Affordability Report.
Real Estate Institutes support easing for foreign buyers
The federal government has announced it will allow foreign buyers to purchase an off-the plan dwelling when another foreign buyer has not been able to settle on it, thereby removing a significant risk to the industry.
Housing finance data confirms fewer first-home buyers
ABS housing finance data shows that lending to owner occupiers has fallen for two consecutive months, while lending to investors has risen for four months in a row.
The Reseve Bank's decision to cut rates to historic lows has been met with broad approval by the property sector, but low stock levels in some markets could cause prices to continue rising strongly.
New research shows Labor’s negative gearing policy could have a greater impact on property prices, economic activity and state revenues than previously thought.
