| 29 March 2010 |
REIA stunned by RBA chief’s remarks about property
Real Estate Institute of Australia (REIA) President, Mr David Airey said he was stunned to hear the Reserve Bank of Australia (RBA) Governor Glenn Stevens tell Channel 7 Sunrise viewers that “property was no longer the easy path to prosperity” this morning.
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| 26 March 2010 |
And the winner's are...
The Real Estate Institute of Australia (REIA) last night recognised the most outstanding practitioners in the real estate profession at the REIA’s 2010 National Awards for Excellence at the Hilton Hotel, Adelaide.
“These awards are very important to our industry, recognising the best that Australian real estate has to offer,” said REIA President, Mr David Airey.
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| 25 March 2010 |
REIA's first National Conference to be held today
The Real Estate Institute of Australia (REIA) will today hold its first National Conference in conjunction with its annual National Awards for Excellence at the Hilton Hotel, Adelaide.
The National Awards recognise Australia’s most outstanding performers in the real estate profession, while the National Conference is designed to put the profession in touch with Australia’s best real estate speakers.
The highlight of the National Conference will be an address by the Minister for Housing, The Hon. Tanya Plibersek MP, and a keynote address by Yellow Brick Road Chairman, Mr Mark Bouris.
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| 25 March 2010 |
REIA slams the lack of competition in finance market
The President of the Real Estate Institute of Australia (REIA) David Airey met with the Federal Housing Minister, the Hon. Tanya Plibersek, today to talk about emerging issues facing the real estate profession.
Mr Airey advised the Minister about the lack of competition in mortgage lending, with the big four lenders now accounting for over 80% of the home lending market.
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| 23 March 2010 |
The Hon. Tanya Plibersek MP and Mr Mark Bouris to address the real estate profession at the REIA’s 2010 National Conference
The Real Estate Institute of Australia (REIA) will hold its 2010 National Conference at the Hilton Hotel, Adelaide on Thursday 25th March 2010. The event will take place from 8.30am – 4.30pm and is designed to put the real estate profession in touch with some of Australia’s best real estate and business speakers.
Highlights of the event include an address by Housing Minister, The Hon. Tanya Plibersek MP as well as a keynote address by Yellow Brick Road Chairman, Mr Mark Bouris.
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| 10 March 2010 |
No relief for home buyers as affordability declines for the third consecutive quarter
The Real Estate Institute of Australia’s (REIA) Deposit Power Housing Affordability Report for the December quarter shows no relief for home buyers, with housing affordability declining in all states and territories, except for Western Australia.
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| 10 March 2010 |
Monetary policy biting
The Australian Bureau of Statistics (ABS) January 2010 Housing Finance figures released today show that in trend terms, the number of finance commitments have decreased by 3.6 per cent, compared to December 2009.
The President of the Real Estate Institute of Australia (REIA), Mr David Airey said “The impact of the three consecutive interest rate increases in the December quarter of last year and the phasing out of the First Home Owners Grant Boost (FHOG Boost) are clear in these figures.”
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| 08 March 2010 |
REIA Media Alert
The REIA will release the Deposit Power Housing Affordability Report for the December quarter 2009 on Wednesday 10 March 2010. The document is a comprehensive and accurate assessment of the ability of Australians to meet the cost of home purchase and is based on data from all major lending institutions.
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| 02 March 2010 |
Rate hiatus not long enough
The Reserve Bank of Australia’s (RBA) decision to increase official interest rates by 0.25 per cent for the fourth time in five months, after a brief hiatus in February, will increase affordability pressure on Australian families and really hurt business and commercial borrowers”, said Real Estate Institute of Australia (REIA) President, Mr David Airey.
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| 10 February 2010 |
Housing finance figures show RBA decision justified
The Australian Bureau of Statistics (ABS) Housing Finance figures for December 2009 show housing finance commitments, in trend terms, have once again decreased, this time by 2.3 per cent – the largest decrease since August 2009.
“August 2009 saw the first decline in housing finance figures in 12 months and figures have continued to decrease since this time,” said Real Estate Institute of Australia (REIA) President, Mr David Airey.
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