Sydney Rental Vacancy Rates Still 'Dire', Despite May Increases
Vacancy rates rose across the Sydney metropolitan area in May, yet the city's rental market remains tight, according to the Real Estate Institute of New South Wales (REINSW).
Melbourne EcoLiving Centre Shows How to Boost Household Energy Efficiency
A new EcoLiving Centre in the western suburbs of Melbourne last week will demonstrate the benefits of sustainable living techniques and home improvements that can save homeowners money on their power bill.
Capital City Median House Prices Flat During March Quarter
Median house prices fell slightly on average across capital cities during the March 2013 quarter, according to a report from Bendigo Bank and the Real Estate Institute of Australia (REIA).
Housing Affordability Improves Nationwide Last Quarter
During the first quarter of 2013, there has been a slight increase in the affordability of real estate in Australia, according to the Real Estate of Australia/Adelaide Bank Housing Affordability report.
Victorian Government Proposed Building Changes Challenged – HIA
The Housing Industry Association (HIA) has responded to the recently released package of housing industry reforms from the Victorian Coalition government, claiming that there is more room for improvement.
REINSW President Urges New South Wales Government To Cut Stamp Duty Tax
In a statement released today (May 16), Mr Payne urged the NSW government to reduce the transfer stamp duty tax for their upcoming budget - saying that past tax cuts have shown significant increases to government income.
Lower Rental Rates in Brisbane Keeps Market Competitive
Rental rates for real estate in Brisbane have relaxed only slightly over the past quarter according to the Real Estate Institute of Queensland (REIQ) Rental Vacancy Rate survey for the first quarter of 2013.
MBA: Cash Rate Cut Will Kick-Start Housing Recovery
The latest cash rate cut could make an essential contribution to recovery in the Australian housing market - but only if banks pass the latest reduction on in full.
Softer real estate market performance across the country in April is likely down to seasonal factors and will represent a small "blip" in the likelihood of broader recovery in the market.
On the whole, metropolitan Adelaide saw some improvement compared with the same quarter of 2013, with a 1.96 per cent growth in median real estate prices, which now stand at $390,000.
