Weekly Market Wrap 31/01

Weekly Market Wrap 31/01

31 January 2020

Increased housing supply sees rents rise at slowest pace for decades

A steady stream of new apartments and houses has increased consumer choice and weighed on rents. Sydney saw falls of 0.3% over the quarter to December.

Although building completions are declining and the pipeline of future projects shrinking, Sydney still has plenty of excess stock that’s yet to be absorbed. This means renters have greater choice and investors must lower rents to attract new tenants. Read more.

Beyond the bricks

Australia's real estate industry is united in support of our bushfire affected communities. $918,326 has been raised so far!

Donate today and help us reach $1,000,000 www.beyondthebricks.com.au/home-reinsw.

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NAC 2020: Be a supporter - come along and watch all the fun!

REINSW’s Novice Auctioneers Competition is back. This year there will be four heats hosted by some of NSW’s best auction houses and agencies, taking place between March - May in Sydney East, Newcastle, Sydney CBD and Wollongong.

We want to encourage you to come and support your budding auctioneers! Cheer your friends, family and colleagues on, enjoy drinks and nibbles all while raising money for RISE, our charity partner.

Register here to be a supporter and you’ll be in with a chance to win some great items such as:

  • Tickets to shows and events
  • Dining experiences, and
  • Travel deals

Witness all the auction action as local budding auctioneers battle it out to become the REINSW 2020 Novice Auctioneer of the Year.

Roadshow 2020: Last chance to save 20% on tickets

Reaching 19 locations, over four months, the REINSW Roadshow is an opportunity for you to up-skill, advance your knowledge and ensure you’re ready for the changes ahead.

Our early bird special price ends midnight 6 February, get your tickets now!

WIRE 2020: Meet our keynote speaker

This year’s event is based around the idea of ‘Legacy’. We’re asking attendees what they want to be remembered for and what they’re leaving behind.

We are bringing an incredible group of women together to speak on the day, including Manal al-Sharif, our keynote speaker, who spearheaded the campaign for women to drive in Saudi Arabia. Watch Manal’s Ted Talk.

This event SOLD OUT last year. Don’t miss out in 2020! We’re currently offering 20% off the ticket price. Click here to purchase your ticket now.

 

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