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Vacancy rates, house prices rising but stable: REIA REMF

MEDIA RELEASE: The December quarter of 2023 saw property prices in the Australian residential housing market increase overall, the latest Real Estate Institute of Australia (REIA) report, Real Estate Market Facts has found.

13/03/2024 | Only Members can view this content. You will need to sign in to view

REIA | REMF | Media Release | News
13/03/2024 12:00:00 AM

Housing affordability hits all time crisis point

MEDIA RELEASE: REIA has released its December 2023 Housing Affordability Report, depicting a quarter characterised by cost-of-living challenges for both the economy and households across Australia, amidst a year of risky RBA policies.

07/03/2024 | Only Members can view this content. You will need to sign in to view

REIA | Housing Affordabiltiy Report | News
7/03/2024 12:00:00 AM

REIA: Housing affordability hits new lows

MEDIA RELEASE: Housing affordability has continued to worsen as rising interest rates and soaring housing and rental prices continue to bite, the latest Real Estate Institute of Australia (REIA) Housing Affordability Report has found.

08/12/2023 | Only Members can view this content. You will need to sign in to view

REIA | Housing Affordabiltiy Report | News
8/12/2023 12:00:00 AM

Working to promote the Australian real estate industry

The Real Estate Institute of Australia is dedicated to representing the interests of all agents. Here’s a snapshot of what they’ve been up to in recent months.

20/10/2023

REIA | News
20/10/2023 12:00:00 AM

REIA REAL ESTATE MARKET FACTS SHOW VACANCIES ON THE RISE

MEDIA RELEASE: Vacancy rates in all capital cities except Melbourne increased over the June 2023 quarter, the latest Real Estate Institute of Australia (REIA) Real Estate Market Facts (REMF) Report has found.

13/09/2023 | Only Members can view this content. You will need to sign in to view

REIA | REMF | Media Release | News
13/09/2023 12:00:00 AM

REIA HAR shows sustained decrease in affordability to buy and rent

MEDIA RELEASE: REIA President, Mr Hayden Groves said housing affordability, or median income to home loan ratio, declined in all states and territories except Victoria.

08/09/2023 | Only Members can view this content. You will need to sign in to view

REIA | Housing Affordabiltiy Report | News
8/09/2023 12:00:00 AM

REIA Urges Family Investors to Have a Say on Rental Crisis

REIA President Hayden Groves has called on family investors to have their say into the inquiry into worsening rental affordability.

27/07/2023 | Only Members can view this content. You will need to sign in to view

REIA | Media Release | News
27/07/2023 12:00:00 AM

REIA - Australian housing rents soar by up to 27.5%

Real Estate Institute of Australia (REIA) President Mr Hayden Groves said Australian housing rents have soared at record levels over twelve months with the latest Real Estate Market Facts report showing Sydney had the highest increase.

14/06/2023

REIA | REMF | Media Release | News
14/06/2023 12:00:00 AM

Housing affordability at its worst this century

MEDIA RELEASE: REIA President Hayden Groves has said that housing affordability, rental affordability and first home ownership has declined over the March quarter 2023.

07/06/2023

REIA | Housing Affordabiltiy Report | News
7/06/2023 12:00:00 AM

REIA - HOUSING SHORTAGE LEADING TO RECORD RENTAL GROWTH

MEDIA RELEASE: The latest Real Estate Institute of Australia (REIA) Real Estate Market Facts report shows a mixed outlook for real estate as consumers deal with a more buyer friendly market, rising cost of living and aggressive interest rate hikes.

15/03/2023

REIA | REMF | Media Release | News
15/03/2023 3:00:00 PM

REIA 2023 NAFE winners announced

MEDIA RELEASE: REIA National Awards for Excellence winners have been announced at the Crown Ballroom in Perth tonight, which was hosted by the Real Estate Institute of Western Australia.

10/03/2023

REIA Awards | NSW | News
10/03/2023 12:00:00 AM

Rental affordability sees slight improvement but no joy for mortgage holders

MEDIA RELEASE: The Real Estate Institute of Australia’s (REIA) Housing Affordability Report (HAR) story for the December quarter 2022 is all about interest rates at 3.1% and increased home loan repayments, with no joy in sight for mortgage holders.

07/03/2023

REIA | Housing Affordabiltiy Report | News
7/03/2023 12:00:00 AM

QUEENSLANDERS EXPERIENCE LARGEST RENT RISE SINCE 2003: REIA

MEDIA RELEASE: REIA’s latest Real Estate Market Facts report shows there was a decline in the city median price for both houses and other dwellings across Australia's residential property market, with QLD recording a historic rent rise increase.

08/12/2022

REIA | REMF | Media Release | News
8/12/2022 3:00:00 PM

House prices defy Reserve Bank's big call: REIA

The REIA President, Mr Hayden Groves said their latest Real Estate Market Facts, powered by Managed, has found that Australian housing prices fell over the June quarter as rising interest rates and inflation impacted affordability.

21/09/2022

REIA | REMF | Media Release | News
21/09/2022 3:00:00 PM

Decline in home ownership affordability outpaces rental: REIA

REIA President, Mr Hayden Groves said housing affordability for both home buyers and renters continued to worsen in the June 2022 quarter as lack of supply and surging interest rates impacted home ownership and tenancies.

14/09/2022

REIA | HAR | Media Release | News
14/09/2022 12:00:00 AM
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Despite marginal improvement, NSW rental crisis continues to intensify as rental vacancy rates fluct

In the March 2024 REINSW Vacancy Rate Survey results there was a modest increase in vacancies observed across some metropolitan and regional areas, however elsewhere vacancies haven’t budged with the rental crisis persisting in many areas.

16/04/2024 | Member-only content. Sign in to view this article.

Vacancy Rates | Media Release | News
16/04/2024 12:00:00 AM

Michael Rebetzke wins the 2024 REINSW NAC

MEDIA RELEASE: Six finalists battled it out yesterday at this year’s REINSW Novice Auctioneers Competition (NAC) Final. The event saw 37-year-old Michael Rebetzke from Menck White, take out the winner’s crown.

11/04/2024

Auctioneers | NAC | Media Release | News
11/04/2024 7:00:00 AM

New rental data demonstrates extent of crisis

MEDIA RELEASE: New figures from the Rental Bonds Board overlaid with immigration data for NSW shows that each month, the number of people who fail to secure a rental grows by about 15,000.

11/04/2024

Property Management | Media Release | News
11/04/2024 12:00:00 AM

Dealing with adjoining owners

As guardians of strata schemes, you understand that managing these properties involves more than overseeing interactions among lot owners. Frequently, you find yourselves navigating interactions with ‘neighbours’ outside the scheme.

08/04/2024

Strata Management | News
8/04/2024 12:00:00 AM

Short-form video on show

Short-form video has exploded in recent years and for good reason – it offers bite-sized bursts of information that can be consumed at convenient times of the day.

02/04/2024 | Member-only content. Sign in to view this article.

REINSW | Marketing | News
2/04/2024 12:00:00 AM

Leap of faith

Deserving winners of the Real Estate Agency – Small category at the 2023 REINSW Awards for Excellence, Murray Kennedy Real Estate is kicking goals in the Macarthur region of New South Wales.

28/03/2024 | Member-only content. Sign in to view this article.

Residential Sales | REINSW | Property Management | News
28/03/2024 12:00:00 AM

REINSW: Strata help is here!

MEDIA RELEASE: With the strata sector set for a shake-up amid allegations of conflicts of interests, insurance rorts and inappropriate use of apartment owners’ funds, the REINSW is being flooded with calls from concerned strata managers.

27/03/2024

Strata | Strata Management | Media Release | News
27/03/2024 12:00:00 AM

Agents at the centre

Agents are in a unique position to extend and deepen their involvement at all stages of the real estate transaction by building and nurturing relationships with clients that go beyond the obvious moments of buying, selling and leasing.

26/03/2024 | Member-only content. Sign in to view this article.

Residential Sales | REINSW | Agency Services | News
26/03/2024 12:00:00 AM

E-Scooter fires – Reduce your risk in strata

They are cheap to run, convenient and fun but e-bikes and e-scooters are also posing a hazard and potential headache for strata buildings.

22/03/2024

REINSW | Property Management | Strata Management | News
22/03/2024 12:00:00 AM

Igniting real estate innovation: WIRE 2024 wraps up, embracing inspiration for change

The 17th Women in Real Estate (WIRE) conference took place yesterday with a resounding echo of empowerment, resilience, and innovation.

20/03/2024

Women in Real Estate | REIWIRE | News
20/03/2024 3:30:00 AM

Domestic violence in tenancies

Domestic violence is a persistent problem in our community that impacts people from all walks of life and cultural backgrounds across New South Wales. Property managers play a key role in ensuring safe outcomes for tenants.

18/03/2024

REINSW | Property Management | News
18/03/2024 12:00:00 AM

Vacancy rates take a hit as seasonal easing coming to an end

MEDIA RELEASE: After easing over the last two months, the REINSW Vacancy Rate Survey results for February 2024 show that residential vacancies have returned to crisis levels once again.

14/03/2024 | Member-only content. Sign in to view this article.

Rental Vacancy Rates | Media Release | News
14/03/2024 12:00:00 AM

Vacancy rates, house prices rising but stable: REIA REMF

MEDIA RELEASE: The December quarter of 2023 saw property prices in the Australian residential housing market increase overall, the latest Real Estate Institute of Australia (REIA) report, Real Estate Market Facts has found.

13/03/2024 | Member-only content. Sign in to view this article.

REIA | REMF | Media Release | News
13/03/2024 12:00:00 AM

Know your AI cyber risks

Cyber-crime is not new – and, more and more, we hear reports of large companies falling victim to cyber-attacks. But beyond large-scale breaches to gain access to company databases, cyber criminals are now using the power of AI to target individuals.

12/03/2024 | Member-only content. Sign in to view this article.

REINSW | Cyber Security | News
12/03/2024 12:00:00 AM

Addressing the housing stress gender gap

The Australian Federation of Business and Professional Women (BPW Australia) is urging all levels of government to work together to deliver a housing plan that recognises that the burden of housing stress is disproportionately borne by women.

07/03/2024

Residential Sales | REINSW | Property Management | News
7/03/2024 12:00:00 AM