The Perth suburbs selling more quickly now than in 'boom' times
Despite a general slow down in the Perth property market, close examination of data reveals that some areas of Perth are selling more quickly than they did during the property 'boom', says Hayden Groves, president of the REIWA.
Tougher home lending not the answer for WA: REIWA, UDIA WA
Imposing tougher lending conditions in Western Australia could "see the green shoots that are just starting to emerge killed off", says UDIA WA CEO, Allison Hailes.
In the lead up to Western Australia's election this Saturday, the REIWA has campaigned for policy reforms aimed at alleviating the financial burden of state property taxes.
Sales volumes rose 8 per cent in the month of February, but the median house prices was down 1.3 per cent, according to the latest data from the REIWA.
Barnett government will cut stamp duty for seniors if re-elected
Hayden Groves, president of The Real Estate Institute of Western Australia, has welcomed the Barnett Government’s announcement it will cut stamp duty for seniors by $15,000 if re-elected.
REIWA is disappointed with Labor’s announcement yesterday that they will introduce a new property tax on foreign buyers if elected to government on 11 March.
