Real Estate Institute of Australia (REIA) President, Mr Adrian Kelly said the latest ABS figures show that while Australia’s property market remains strong, it is starting to settle down as economic concerns about lockdowns impact on economic sentiment.
“The latest Australian Bureau of Statistics (ABS) figures show that the value of new housing loan commitments fell 1.6 per cent in June 2021 (seasonally adjusted) but remained at an historically elevated level of $32.1 billion,” he said.
GROWTH IN HOUSING FINANCE APPROVALS RESUMES
2021 OFFERS UNIQUE OPPORTUNITY FOR LATE AUTUMN AND WINTER SALES
RENTS CONTINUE RECOVERY FROM COVID IMPACT
All-star line-up for REIA National Awards for Excellence 2021 to be held in the Top End
HOMES SHOULD BE AT THE HEART OF BUDGET 2021 AS AUSSIE JOBS COME BACK ONLINE
RAPID GROWTH IN HOUSING FINANCE APPROVALS SLOWING DOWN
AUSTRALIAN HOUSING PRICES SOAR BY 500% OVER PAST 25 YEARS