Affordability crisis deepens as new loans drop - REIA
Ms. Leanne Pilkington, President of REIA, remarked that despite lending rates remaining higher than a year ago, Australians are encountering difficulties, evident in the recent May statistics showing declines across various sectors.
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.
REIA National Awards for Excellence and AUSTROS 2024 champion honoured at historic REIA 100 Gala
Real Estate Institute of Australia’s (REIA) National Awards for Excellence (NAFE) for 2024 have been announced at the ANZ REIA 100 Gala, highlighting 25 exceptional individuals and agencies who have distinguished themselves in the real estate industry.
Budget 2024: Positive news for interest rates if Chalmers inflation forecasts are right - REIA
The Real Estate Institute of Australia (REIA) has congratulated Treasurer Jim Chalmers on handing down Budget 2024 and has labelled it a strong budget if inflation forecasts hold.
Budget 2024: REIA statement on ‘Homes for Australians’
The Real Estate Institute of Australia (REIA) has welcomed a focus on housing in Federal Budget 2024 with the ‘Homes for Australians’ plan but says it needs to be considered in the context of the entire Budget and the commitment to delivery by all three levels of...
Australia appears to be experiencing the same final hurdles as the USA in getting inflation back into the target range,” said Real Estate Institute of Australia President, Ms Leanne Pilkington.
Slaying of the inflation dragon as CPI index trends down to 4.3% - REIA
Real Estate Institute of Australia (REIA) President, Leanne Pilkington said the November figure continues the downward trend in inflation - 5.4% in the September quarter, 6% in June quarter and well down on peak of 8.4% in December 2022. “The thirteen rate hikes by the RBA since May 2022 are...
