The November 2020 Lending to Households and Business figures released today by the ABS show that the value of new loan commitments for housing grew for the sixth consecutive month and reached a record high, according to the Real Estate Institute of Australia (REIA).
Housing market ready to be put to the test in 2021 - REIA
Australia’s housing market recorded respectable growth over 2020 and with limited stock and strong demand, 2021 should see further price increases, Real Estate Institute of Australia President Adrian Kelly said.
REIA welcomes state of the Nation’s Housing Report
The Real Estate Institute of Australia President, Adrian Kelly said this is the first assessment of housing demand and supply across Australia since the National Housing Supply Council (NHSC) was abolished at the end of 2013.