Search Results for: Hayden Groves
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INDUSTRY NEWS
Housing affordability stretching homeowners to the limit
It’s tougher than ever to afford a home with new data showing the proportion of income needed to pay off a mortgage has risen to 37 per cent.
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Real Estate News
Real estate industry comes together to aid flood victims
There are many great things about Australia but perhaps one of the best is how, when the chips are down, people come together.
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INDUSTRY NEWS
Investor loans hit a record high as affordability pressure mounts
Loans to investors jumped 6.1 per cent in January, showing “investors are backing the housing market”.
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INDUSTRY NEWS
Australia facing a housing supply crunch
Australia could be facing a ‘concerning’ housing shortfall of 163,400 homes by 2032 leading to further affordability issues according to a new report.
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INDUSTRY NEWS
REIA announce National Awards for Excellence finalists
Finalists in the 17th REIA National Awards for Excellence 2022 have been announced, with the best agencies, agents and property managers set to vie for the coveted awards.
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Real Estate News
REIA calls for homebuyer help and the creation of property jobs
The Real Estate Institute of Australia (REIA) President Hayden Groves
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INDUSTRY NEWS
The real estate industry to focus on people and sustainability in 2022
After a year that saw both record house price growth and tough conditions, the industry needs to continue to focus on people and sustainability
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INDUSTRY NEWS
How much does the average real estate employee earn?
The Australian Bureau of Statistics has revealed the average weekly income for employees in the real estate sector.
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INDUSTRY NEWS
Value of home loan commitments rises after three months of falls
New loan commitments rose 6.3 per cent according to the latest data from the ABS marking continued strength in the national housing market.
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INDUSTRY NEWS
Omicron hits the real estate sector
With more than 600,000 active cases of Covid in Australia, and the Omicron variant surging across the country, the impact on the real estate sector is now becoming more evident. From staff shortages to legal implications and a slowdown in the rental market, this is what the nation’s real estate institutes are hearing from their members… Real Estate Institute of…
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Real Estate News
Real estate roundup: the year that was
The Australian real estate market experienced a record year in 2021, with tight supply and strong demand leading to soaring prices. Agents, vendors and buyers innovated through COVID-19 restrictions, including lengthy lockdowns in Melbourne and Sydney. There were numerous mergers, acquisitions and buyouts, along with notable appointments and some surprising departures. Once again, AREC thrilled and inspired, while the AREAs…
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INDUSTRY NEWS
Economic forecast positive for the property market
The bounce back in the Australian economy forecast in the Mid-Year Economic and Fiscal Outlook (MYFEO) is positive for the property market, the new president of the Real Estate Institute of Australia said.
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INDUSTRY NEWS
REIA elects Hayden Groves as president
The Board of the Real Estate Institute of Australia (REIA) has today (15 December 2021) elected leading Western Australian agent Hayden Groves as REIA's new President.
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Real Estate News
REIA re-elects President for second term
The Real Estate Institute of Australia (REIA) re-elected Adrian Kelly from Tasmania as President for a second term at its Annual General Meeting in Canberra in last week. Mr Kelly was born and raised in Hobart and has worked in the Tasmanian real estate industry since 1990. He is the founder and CEO of View Real Estate, an independent agency…
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INDUSTRY NEWS
REIA elects new president
The Real Estate Institute of Australia (REIA) has welcomed the election of a new President, Adrian Kelly from Tasmania. Mr Kelly was elected as the 45th President of REIA, the national professional association for Australia’s real estate sector, at the Annual General Meeting held in Canberra on 13 December, effective immediately. Hayden Groves from Western Australia was re-elected Deputy President…
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INDUSTRY NEWS
REIWA encourages Aussies to dig deep for the homeless this holiday season
As proud partner of The Salvation Army, REIWA is encouraging West Australians to get behind the Salvos’ Annual Christmas Appeal to help bring holiday cheer to the homeless in WA this festive season. REIWA President Damian Collins said there were a number of ways the local community could get behind the Salvos’ Christmas Appeal. “You can donate unwrapped gifts or…
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INDUSTRY NEWS
Damian Collins elected new REIWA President
The REIWA Council has elected Damian Collins as the Institute’s new President. Following Hayden Groves’ announcement last week he would be finishing his term as President, the 2018-19 REIWA Council met on Thursday 4 October and elected Mr Collins to the Institute’s top position. Mr Collins has served on the REIWA Council since 2011 and as Deputy President since 2015. He…
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INDUSTRY NEWS
Hayden Groves finishes his term as REIWA President
At REIWA’s 100th Annual General Meeting, held at Fraser’s Restaurant in Kings Park on Tuesday, Hayden Groves announced he would be finishing his three-year term as President on Thursday 4 October. Mr Groves, who will remain on the REIWA Council, was elected as President in 2015, having served on the Council since 2010. “The past three years have been extremely…
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INDUSTRY NEWS
Winners announced in Openn Negotiation Excellence Awards 2018
Over 80 real estate professionals gathered on 26 July to recognise the best-performing agents and agencies at the inaugural Openn Negotiation Excellence Awards. Led by Peter Gibbons, Openn Negotiation Co-founder and Managing Director, it was an opportunity to celebrate not just the finalists and the winners, but all agents who had decided to embrace technology and the need for better…
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INDUSTRY NEWS
Real estate industry wishlist for 2018-19 budget
The real estate industry have issued their hopes from the 2018-19 budget, which will be released at approximately 7.30pm AEST on Tuesday May 8. REIA Affordability is one of the key topics for the REIA going into the next budget. While they praise the previous budget’s recognition of the issues, they don’t think the fixes have gone far enough. REIA…
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Real Estate News
REIWA releases list of top post-boom Perth cities
Alkimos, Golden Bay and Trigg have topped reiwa.com’s list of the seven Perth suburbs recording higher house sales volumes now than they did during the ‘boom’. REIWA President Hayden Groves said while overall house sales volumes had declined in Perth since 2014, there were seven suburbs that had bucked this trend to record increases in activity. “For some of the relatively…
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Real Estate News
Housing affordability improves for buyers and tenants in WA
A new housing affordability report has found Western Australia is the most affordable state in the country for tenants and home buyers. Only the Northern Territory and the Australian Capital Territory are more affordable. The Real Estate Institute of Australia supported by Adelaide Bank released their latest Housing Affordability Report yesterday, with the findings revealing affordability in WA’s housing and…
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INDUSTRY NEWS
The worst is over for Perth property market: REIWA
REIWA President Hayden Groves says conditions in the September quarter had mirrored those experienced in the June quarter, which indicated the Perth property market may have finally found its floor. “We’ve observed six months of stable conditions, with both the June and September quarters posting consistent results. Historically, before a market improves there is a sustained period of level stock,…
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Real Estate News
Haydn Groves reappointed REIWA president
The REIWA governing Council has re-elected Hayden Groves as the Institute’s President after his term officially ended in September. REIWA CEO Neville Pozzi offered his congratulations to Mr Groves on his re-election. “Mr Groves has provided exceptional leadership to the Institute over the last couple of years, and I’m delighted to have him on board for REIWA’s 2018 centenary year,”…
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INDUSTRY NEWS
Perth’s stable house and rent medians good news for the market: REIWA
REIWA President Hayden Groves said it was encouraging to see the median price remain firm across both sectors of the Perth property market. “The stable medians are good news and indicate that seller’s and landlord’s expectations are matching those of buyers and tenants,” said Mr Groves. According to the latest reiwa.com data, listings for sale have continued to trend marginally…
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INDUSTRY NEWS
Perth’s 10 cheapest suburbs within 10km of the CBD revealed
REIWA President Hayden Groves said there was great opportunity for Perth home buyers close to the city. “Buyers in Perth really are in an enviable position. It’s unheard of in other parts of Australia, particularly in Sydney and Melbourne, for buyers to be able to purchase a house close to the city for less than $530,000. “We are very lucky…
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INDUSTRY NEWS
Perth rental market subdued in June qtr, annual leasing figures remain strong: REIWA
REIWA President Hayden Groves said although activity had dropped off across the metro area in the three months to June, annual activity levels had continued to improve. “The data for the June quarter 2017 clearly shows an uptick in activity on an annual basis across the board, which is pleasing. We’re seeing notably more properties being leased now than we…
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Real Estate News
REIWA calls for tax reform in 2017-18 State Budget
In its 2017-18 pre-budget submission, REIWA has cautioned the Treasurer against targeting the property sector with increased taxes, recommending they introduce incentives for first home buyers of established properties and seniors over the age of 65 to help raise much needed funds for the State. REIWA President Hayden Groves said this was not the time to consider raising property taxes,…
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INDUSTRY NEWS
First Home Owner Grant discriminates against buyers wanting to enter the established market
REIWA President Hayden Groves said first home buyers who wanted to buy an established home were being discriminated against and as a result were finding it increasingly difficult to enter the WA property market. “Housing affordability remains a significant issue for many West Australians. We should be making it easier for all first home buyers to enter the market, not…
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Real Estate News
REIWA: Perth market showing signs of stabilising
REIWA President Hayden Groves said that, while conditions remained softer, there were some positive indications the market had finally begun to settle. “We’re certainly not experiencing the steep declines across the board we once were. Although no one can accurately ascertain the future of the property market, the signs are there that we have finally found, or be very close…
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INDUSTRY NEWS
REIWA: Perth properties selling faster by auction than private treaty
Perth sellers struggling to sell should look at going to auction, with the Real Estate Institute of WA revealing it was 42 days faster to sell by auction in the metropolitan area than by private treaty in the three months to June. REIWA President Hayden Groves said that, while auctions represented a small component of the Perth property market, those…
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Real Estate News
‘Long overdue’ WA strata title reform welcomed by leading industry bodies
The Western Australian State Cabinet decision to move forward with the strata title reform process has been commended by the Real Estate Institute of Western Australia, Strata Community Association WA, Property Council of Australia and Urban Development Institute of Australia WA. Announced yesterday, the Honorable Rita Saffioti MLA said strata title reform was important to the future housing needs of…
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Elite Agent
The Eight Best Budget Moments from #Budget17: Sarah Bell
The 2017 Federal budget has been mostly received well judging from commentary by property pundits so far. A goldilocks attempt to temper the forces of supply and demand; of foreign investment and affordable housing without causing economic shockwaves. But, Federal Treasurer Scott Morrison or #ScoMo as he is trending was going to have a difficult time pleasing everyone. “The government is…
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INDUSTRY NEWS
Tougher home lending conditions not the answer for WA
The Real Estate Institute of Western Australia (REIWA) and Urban Development Institute of Australia WA Division (UDIA WA) have slammed talks of authorities wanting to tighten home lending conditions across the country. REIWA President Hayden Groves said this was a knee-jerk reaction to market conditions on the east coast, in particular, the Sydney and Melbourne markets, and did not take…
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INDUSTRY NEWS
REIWA wants Labor to do more in addressing housing affordability in the state
The Real Estate Institute of Western Australia (REIWA) hopes the new Western Australian Labor-led government would look at more ways of addressing housing affordability. REIWA President Hayden Groves said it is important in particular for Labor to address the barrier state property taxes, like transfer duty and land tax aggregation rules, have on the buying and investing decisions of the…
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