REIA backs HAFFF but housing affordability remains critical
The Real Estate Institute of Australia (REIA) has welcomed the Federal Government's announcement of funding for social and affordable housing but remains concerned about broader housing affordability issues, says REIA President, Ms Leanne Pilkington.
Housing Affordability Plummets to its lowest point in almost Three decades - REIA
REIA President, Leanne Pilkington said the analysis from REIA’s latest Housing Affordability Report shows the average loan repayment now amounts to 48.1% of the median family income, 1.3 percentage points more than last quarter.
John McGrath – Why are apartment values rising faster than houses?
Over the past three months, apartments have recorded higher price growth than houses in every capital city except Darwin and Canberra, which both have higher levels of supply at the moment says John McGrath, McGrath Estate Agents CEO.
Razor thin vacancy rates keep Queenslanders living on the edge - REIQ
Vacancy rates have edged up slightly across Queensland according to data released today from the Real Estate Institute of Queensland (REIQ), but the peak body warns that the broader outlook remains concerning says REIQ CEO Antonia Mercorella.
John McGrath – Who is the typical Australian landlord?
Investors are back full force in the property market, with the latest lending data showing 37.1% of new home loans by value went to investors in May, says John McGrath, McGrath Estate Agents CEO.
Bendigo Bank intercepts payment redirection scam, saving small business $900k
Bendigo Bank is helping small and medium-sized businesses across the country prevent and spot scams, sharing the story of a Victorian construction company that almost lost $938,600 in a false billing scam last month.
“Various segments of the housing market are increasingly active, with lending to first-home buyers, owner occupiers, and investors increasing in the first half of 2024,” stated HIA Economist, Maurice Tapang.
