Real estate agents across Australia are taking steps to be recognised as a profession which will see benefits to the consumer, according to the Real Estate Institute of Australia (REIA). “On behalf of its member Real Estate Institutes, REIA has applied to the Professional Standards Authority for admission as a profession,” REIA President Malcolm […]
The median house price across Australian capital cities has declined in the first quarter of 2018, according to the latest research from the Real Estate Institute of Australia. The REIA Real Estate Market Facts for the March quarter 2018 saw the weighted average median prices fall by 0.1 per cent at $770,086 for houses and […]
Housing affordability has improved across the country despite falls in Victoria, South Australia and ACT during the first quarter of 2018, according to research from the Real Estate Institute of Australia and Adelaide Bank. REIA President Malcolm Gunning said the March quarter 2018 edition of the Adelaide Bank/REIA Housing Affordability Report found the proportion of […]
REIA News – May 2018 Feature article: Federal Budget 2018 overview. Also in this issue: What the Politicians are saying. Industry Stakeholders View on Federal Budget.
The March 2018 housing finance figures released today by the Australian Bureau of Statistics show that the number of loans for housing has continued to decline over the last six months, according to the Real Estate Institute of Australia (REIA). “Overall the figures for March 2018 show, in trend terms that the number of owner-occupied […]
The 2018 Budget had no measures that specifically address housing supply and affordability, according to the Real Estate Institute of Australia (REIA). “Whereas housing affordability was a centre piece of the 2017 Budget there was nothing in this year’s Budget that directly addressed this,” REIA President Malcolm Gunning said. “It was however pleasing to see […]
The March 2018 quarter CPI figures released today by the ABS continue to be good news for home buyers and renters with historically low interest rates set to continue, according to the Real Estate Institute of Australia (REIA). “The All Groups CPI, increased by 0.4 per cent in the March quarter giving an annual increase […]
REIA News April 2018 Feature article: REIA calls for funding transparency of agent selection services Also in this issue: Recap on 2017 Federal Budget REIA Hall of Fame inductee, Anthony Toop, relates team Toop’s winning formula Pathway to Professionalism in Australia’s capital
Real estate agent selection agencies should be treated the same as financial advisers and directly renumerated by the vendor, according to the Real Estate Institute of Australia (REIA). In a submission to the Royal Commission into Misconduct in the Banking Industry REIA President Malcolm Gunning said there has been a proliferation of businesses established to […]
The February 2018 housing finance figures released today by the Australian Bureau of Statistics show the number of loans for housing continues to decline, according to the Real Estate Institute of Australia (REIA). “Overall the figures for February 2018 show, in trend terms that the number of owner-occupied finance commitments decreased by 0.6 per cent […]