Canberra’s house prices have fallen across the 2022 June quarter, but rising interest rates and inflation continue to impact affordability, according to the latest REIA Real Estate Market Facts.
Homeownership and tenancies across Australia continue to face a lack of supply and rising interest rates, causing housing affordability to worsen in the 2022 June quarter, shows the latest REIA Housing Affordability Report.
Should older Australians be incentivised to ‘right-size’ their homes to unlock home equity across the country? The REIA, the PCA and its Retirement Living Council all support the Coalition’s election pledge to do just that.
The recent release of the House of Representatives Standing Committee on Tax and Revenue's report on housing affordability and supply has been welcomed by organisations.
A 40-year veteran of the local real estate industry, Matthew Herbert from L J Hooker Gungahlin, was honoured at the REIACT Awards of Excellence last night, Saturday 4 December.
