With real estate transaction activity set to kick back into full gear in February, the Real Estate Institute of NSW (REINSW) has identified four key predictions for the market in 2022.
REINSW: Role of real estate reinforced as revenue records tumble
The recent budget highlighted the importance of real estate to the economy however a record-setting end to the financial year has reinforced the point: the property industry is the most important in the state – and it’s more important than it has ever been before, according to the Real Estate...
Drop in vacancies signals positive news for Sydney residential rental market
The REINSW Vacancy Rate Survey results for June 2021 show that residential rental vacancies in Sydney have dropped for the second consecutive month and the rate now sits at 3.1%.
REINSW: Stable demand can support supply innovation
With low interest rates to remain a reality for some time, contributing to the relative stability of economic influences affecting real estate, the pressure is on Governments at all levels to identify new ways to increase supply and tackle the affordability issue, according to the Real Estate...
Thousands 'double-dipped' in NSW new home grant scheme
In the five years that the new home scheme was in operation, 131,203 received a grant, with 18 per cent receiving more than one grant, and 3,378 receiving more than five grants.
