According to John McGrath founder and executive director of McGrath Estate Agents there are always suburbs flying under the radar for a variety of reasons. This week, John McGrath takes us through some of these areas.
Investor housing loan commitments rise to a new high - REIA
The May 2021 Lending to Households and Business figures released today by the Australian Bureau of Statistics show that the value of new loan commitments for housing increased again with investors back in force.
Loans for new home building remain elevated but below peak - HIA
“The number of loans for the construction of a new dwelling continued to fall in May, but remain elevated compared to pre-COVID levels,” stated HIA Economist, Angela Lillicrap.
Intergenerational report shows it is time for reform for tax on homes - REIA
The fifth Intergenerational report just released by the Treasurer has caught the headlines for all the wrong reasons, Real Estate Institute of Australia (REIA) President, Adrian Kelly said.
Perth home values increase seven per cent in first half of 2021
REIWA President Damian Collins said while the Perth home value index for June had only increased by 0.2 per cent, the cumulative growth over the first six months of the year had been substantial.
While the Real Estate Institute of NSW (REINSW) commends the NSW Government’s commitment to support small business, the fact that landlords and tenants have again been left out is unjustified, considering the contribution the property industry makes to the state’s economy.
REIA urges agencies to be vigilant during lockdown
Real Estate Institute of Australia (REIA) is urging real estate agencies to continue being vigilant as public health orders crackdown in every jurisdiction across Australia.
Westpac research reveals more homeowners are planning to sell a property
Westpac research released today has found more Australians are thinking about selling their home with four in ten (39%) homeowners planning to list in the next five years, an increase of 9 percentage points since November 2020.