Latest News

CPI continues to be good news for home buyers and renters

October 30th, 2019

The September 2019 quarter CPI figure continues to be good news for home buyers and renters, according to the Real Estate Institute of Australia (REIA). “The All Groups CPI, increased by 0.5 per cent in the December quarter giving an annual increase of 1.7 per cent,” REIA President of Adrian Kelly said.

Justin Nickerson wins auctioneering silverware for third time

October 25th, 2019

Congratulations goes to Justin Nickerson of Queensland who took out the title of the 2019 Australasian Real Estate Institutes’ Auctioneering Champion.   Real Estate Institute of Australia (REIA) President Adrian Kelly said the event saw fierce competition with one of the most highly acclaimed auctioneers in the history of the championships stepping up to claim […]

All Aussie final for “pinnacle” in Australasian Auctioneering

October 24th, 2019

Today’s final of the 2019 Australasian Real Estate Institutes’ Auctioneering Championships is an all Australian affair after competitors representing New Zealand failed to make the cut. The Real Estate Institute of Victoria (REIV) and the Real Estate Institute of Tasmania are playing hosts this year and the five finalists who will compete from 1.30pm today […]

Auctioneers ready for annual show down

October 9th, 2019

State and territory Real Estate Institutes and the Real Estate Institute of New Zealand have completed their auctioneering competitions with their two best auctioneers qualifying for the annual Australasian Auctioneering Championships (AAC) scheduled to be held at Federation Square in Melbourne later this month.   “The Australasian Auctioneering Championships is an annual event conducted jointly […]

June quarter stats see bottom of the market: REIA

September 11th, 2019

The decline in property prices continued in the June quarter and will most likely mark the bottom of the cycle, according to the latest research from the Real Estate Institute of Australia. REIA President Adrian Kelly said REIA Real Estate Market Facts for the June 2019 quarter show weighted average median prices decreased by 1.0 per cent for houses and […]

Rental affordability hits 11 year high: report

September 4th, 2019

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. REIA President Adrian Kelly said the June quarter 2019 edition of the REIA Housing Affordability Report found the proportion of income required to meet rent payments decreased […]

REIA News - August 2019

August 22nd, 2019

REIA News – August 2019. Feature Article: Australasian Real Estate Institutes’ Auctioneering Championships 2019 – Meet the Finalists. Also in this issue: Your questions answered on Landlord Insurance. ATO’s advice on GST at Settlement. Final call for Women in Real Estate to Register for Scholarship Funding.

Housing finance figures show green shoots

August 7th, 2019

The June 2019 Lending to Households and Business Figures released today by the Australian Bureau of Statistics show rises in new lending commitments for both owner occupier and investor dwellings for the first time in over a year, according to the Real Estate Institute of Australia. REIA President Adrian Kelly said overall the figures for […]

REIA News - July 2019

July 25th, 2019

REIA News – July 2019. In this Issue: REIA Board Director takes out top gong. Helpful tax advice from the ATO and CPA Australia. Top four cyber insurance myths debunked.

Housing Finance numbers show cautious optimism

July 11th, 2019

The May 2019 Lending to Households and Business figures released today by the Australian Bureau of Statistics show the number of loans for housing, excluding refinancing, continues to decline, but at a slower rate, according to the Real Estate Institute of Australia (REIA). “Overall the figures for May 2019 show, in trend terms that the […]