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.
“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.
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.
