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House prices increase at the highest quarterly rate in a decade

MEDIA RELEASE: The weighted average capital city median price for both houses and other dwellings has increased at the highest rate in a decade, the latest Real Estate Institute of Australia's Real Estate Market Facts report has found.

09/06/2021

9/06/2021 12:00:00 AM9/06/2021 3:52:45 PM

Overall housing and rental affordability declines

REIA MEDIA RELEASE: Housing affordability improved in New South Wales and South Australia, remained steady in Western Australia and the Australian Capital Territory but declined in Victoria, Queensland, Tasmania and the Northern Territory.

08/06/2021

8/06/2021 12:00:00 AM9/06/2021 8:34:03 AM

COVID-19 pandemic sees first home buyers increase market share by 50.4%

REIA MEDIA RELEASE: COVID-19 pandemic sees first home buyers increase market share by 50.4%, according to the latest REIA’s “The Housing Affordability Report (HAR)”.

03/03/2021

3/03/2021 12:00:00 AM3/03/2021 4:37:51 PM

Australia’s housing market proves resilient over 2020 with price rises in most states

MEDIA RELEASE: Australia’s weighted average capital city median price for both houses and other dwellings has increased over the September 2020 quarter, the latest Real Estate Market Facts report by REIA has found.

09/12/2020

9/12/2020 12:00:00 AM10/12/2020 12:20:53 PM

First home buyers dominate Australia’s property market for the first time in a decade

MEDIA RELEASE: Australia has recorded a ten-year high for first homes buyers in the last quarter, according to the latest REIA’s “The Housing Affordability Report (HAR)”.

02/12/2020

2/12/2020 12:00:00 AM2/12/2020 2:00:24 PM

Pandemic makes moderate impact on property: June Real Estate Market Facts

MEDIA RELEASE: The Real Estate Market Facts quarterly report has shown an impact on prices from the COVID-19 pandemic, but it has not been as dramatic as some have predicted.

14/09/2020

14/09/2020 12:00:00 AM14/09/2020 2:41:05 PM

Best rental affordability results since 2007: REIA

MEDIA RELEASE: The REIA Housing Affordability Report has been released and shows housing affordability has improved slightly across the country in the June quarter.

03/09/2020

3/09/2020 12:00:00 AM3/09/2020 9:10:12 AM

REIA reports - June Housing Finance Follows COVID Rollercoaster

MEDIA RELEASE: Following the historic fall in the value of loans in May, the June 2020 Lending to Households and Business figures released today by the Australian Bureau of Statistics, show the value of new loan commitments for housing has rebounded.

05/08/2020

5/08/2020 12:00:00 AM11/11/2020 2:01:28 PM

Housing finance numbers on slippery slope, says REIA

MEDIA RELEASE: REIA President says decline in housing finance is a reflection of the slowing market, Royal Commission into Banking and APRA restrictions.

26/06/2020

26/06/2020 9:49:07 PM4/08/2020 11:43:15 AM

Farewell to Jock Kreitals, CEO, REIA

After five years of taking up the reins as CEO and twelve years in total at the Real Estate Institute of Australia, it has come time to farewell Jock Kreitals.

04/03/2020

4/03/2020 12:00:00 AM12/02/2021 1:28:01 PM

Justin Nickerson wins auctioneering silverware for third time

MEDIA RELEASE: Congratulations goes to Justin Nickerson of Queensland who took out the title of the 2019 Australasian Real Estate Institutes’ Auctioneering Champion.

25/10/2019

25/10/2019 12:00:00 AM26/06/2020 9:40:24 PM

Housing finance numbers show cautious optimism

MEDIA RELEASE: REIA predicts strengthening market, citing slower rate of decline.

18/07/2019

18/07/2019 12:00:00 AM5/08/2020 8:40:08 AM

REIA says rate cut to help affordability for home buyers

MEDIA RELEASE: REIA says first home buyers are winners with new rate cut.

02/07/2019

2/07/2019 12:00:00 AM5/08/2020 8:44:17 AM

REIA President's message to members

MEDIA RELEASE: REIA President, Adrian Kelly, addresses the appointment of a Minister for Housing.

07/06/2019

7/06/2019 12:00:00 AM5/08/2020 8:36:45 AM

Rate cut will help affordability, says REIA

MEDIA RELEASE: First homebuyers to benefit most from RBA interest rate cut, says REIA.

04/06/2019

4/06/2019 12:00:00 AM5/08/2020 8:42:58 AM
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Budget bounces back because of property

MEDIA RELEASE: With Budget figures showing stamp duty from property transactions has contributed over $9 billion to the NSW economy, it’s time for Government to work cooperatively with an industry that’s officially the state’s biggest revenue source.

22/06/2021

22/06/2021 12:00:00 AM22/06/2021 4:55:36 PM

Overseas students return to boost rental market but recovery could be slow

A pilot program to allow a limited number of international students to return to Sydney has been welcomed by the REINSW as critical for the rental market recovery.

18/06/2021

18/06/2021 12:00:00 AM18/06/2021 11:43:42 AM

Sydney’s vacancy rate shows positivity for areas hit hardest by pandemic

MEDIA RELEASE: The rental market in Sydney’s Inner Ring suburbs recorded its best performance since the start of the COVID-19, with vacancy rates falling to 3.3 percent last month.

17/06/2021

17/06/2021 12:00:00 AM17/06/2021 12:18:15 PM

REINSW supports property sector overhaul

With less than 5 days to go now, REINSW is urging the NSW Parliament to pass the Property Services Council Bill 2021 to help prevent real estate related disputes and deliver better consumer outcomes.

17/06/2021

17/06/2021 12:00:00 AM17/06/2021 11:39:32 AM

How the property market will warm vendor’s hearts this winter

Winter has long been seen as the least popular time to sell a home, but strong competition, lack of stock and low interest rates are tipped to keep up current momentum throughout the cooler months.

11/06/2021

11/06/2021 12:00:00 AM11/06/2021 11:00:42 AM

House prices increase at the highest quarterly rate in a decade

MEDIA RELEASE: The weighted average capital city median price for both houses and other dwellings has increased at the highest rate in a decade, the latest Real Estate Institute of Australia's Real Estate Market Facts report has found.

09/06/2021

9/06/2021 12:00:00 AM9/06/2021 3:52:45 PM

Overall housing and rental affordability declines

REIA MEDIA RELEASE: Housing affordability improved in New South Wales and South Australia, remained steady in Western Australia and the Australian Capital Territory but declined in Victoria, Queensland, Tasmania and the Northern Territory.

08/06/2021

8/06/2021 12:00:00 AM9/06/2021 8:34:03 AM

Q & A - Sparkling success

From a young age, Simone Luxford, Director at Essential Property Wealth, was intrigued with how to create wealth from property and has gone on to build her own successful property portfolio.

04/06/2021

4/06/2021 12:00:00 AM4/06/2021 11:20:24 AM

Strata in the spotlight

Five years after landmark reforms were introduced, the strata framework in New South Wales is once again under review. Here’s how REINSW has responded to the NSW Government’s call for input.

03/06/2021

3/06/2021 12:00:00 AM3/06/2021 10:04:55 AM

Straight talking boy from the bush

With well in excess of 5000 days under his belt as REINSW’s Chief Executive Officer, Tim McKibbin is a formidable force. Here we look at the man who is leading the real estate profession into the next decade with passion and gusto.

02/06/2021

2/06/2021 12:00:00 AM4/06/2021 2:45:24 PM

Real time benefits for lodging rental bonds electronically

Lodging rental bonds online has improved the efficiency of settling funds making it easier for both agents and tenants, according to NSW Fair Trading.

01/06/2021

1/06/2021 12:00:00 AM17/06/2021 10:46:14 AM

We need a dedicated Property Services Commissioner for NSW: Help us to help you now!

For the past 10 years, REINSW has relentlessly lobbied Government to remove our Industry from NSW Fair Trading and establish a dedicated Property Services Commissioner instead. We need your help to get the message to your local MPs without delay.

31/05/2021

31/05/2021 12:00:00 AM31/05/2021 10:06:40 AM

Now’s the time for a standard retail lease

In a submission to the Office of the NSW Small Business Commissioner, REINSW has proposed the introduction of a standard retail lease as a “natural evolution” of the Retail Leases Act 1994 (NSW).

28/05/2021

28/05/2021 12:00:00 AM28/05/2021 12:07:48 PM

HELPLINE Q&A: Can a tenant carry out changes to the rental premises?

Yes, a tenant can make certain changes of a “minor nature” to the premises.

25/05/2021

25/05/2021 12:00:00 AM25/05/2021 2:51:07 PM

On the chopping block: why fee cutting hurts everyone

Commission charges vary across NSW with Sydney already home to the lowest fees due to the sheer number of agents on the ground.

20/05/2021

20/05/2021 12:00:00 AM25/05/2021 2:38:47 PM