REIA’s real estate market facts show housing prices blew out by almost 20%
REIA President, Adrian Kelly said that over the June quarter, the weighted average capital city median price increased by 4.4% for houses to record $913,946 and by 2.9% for other dwellings reaching $632,889.
Preliminary auction clearance rate of 72.3 per cent across combined capital cities - CoreLogic
There were 1,591 homes taken to auction across the combined capital cities this week, up from 1,423 over the previous week and 816 this time last year.
WA Budget misses opportunity for bold housing reform - REIWA
REIWA President Damian Collins said the Institute was pleased to see the $875 million investment in social housing and a two-year extension to the off-the-plan stamp duty rebate but was disappointed the WA Government had not committed to stamp duty reform.
House price growth heats up in 233 Perth suburbs during winter - REIWA
REIWA President Damian Collins said winter in Perth was traditionally a quieter time for the local property market, so it was pleasing to see the median house sale price in so many suburbs had continued to increase.
Real estate agents across the DiJones network saw some of the strongest property prices in their careers in the last financial year with record growth and unprecedented demand as properties were snapped up by buyers at record prices and in record time.
Rental affordability improves across Australia - REIA
Rental affordability improved marginally across Australia by 0.3 percentage points over June the quarter, the latest quarterly Housing Affordability report by the Real Estate Institute of Australia (REIA) has found.