REISA vows to meet with government on land tax following survey results
The Real Estate Institute of South Australia has signalled its intention to meet with the government to discuss proposed land tax changes after 93 per cent of its members said they did not agree with the plans laid out in this year's state budget.
Trying to time the market 'could cost you dearly': research
New research from the Property Investment Professionals of Australia (PIPA) has found that investors who try to time the market could lose hundreds of thousands of dollars.
WA sales and rental listings 'lowest since late 2014'
The number of properties available for sale and rent in Western Australia have dropped to the lowest levels since late 2014, with only 13,831 properties listed for sale and 6,599 properties listed for rent on reiwa.com in August.
'Announcements won't kick-start growth': Construction and property industries react to GDP figures
Australia's Master Builders Association and Property Council have called for more emphasis on construction in the wake of a 0.2 percentage point subtraction from the June quarter GDP result.
If the recent acceleration in housing value growth is sustained over coming months, we could potentially see additional credit policy levers pulled, aimed at keeping a lid on household debt.
Housing Industry Association reports surge in first home buyers
First home buyers are continuing to take advantage of a less competitive environment and more affordable house prices, according to the Housing Industry Association
Rental affordability improved during the June 2019 quarter to the lowest proportion of income required to meet rent payments since June 2008, according to research from the Real Estate Institute of Australia.
The seasonal impact of Spring may already be starting to show in the national auction market, with the latest results from CoreLogic indicating a rise in volume for the combined capital cities in the week finishing September 1.