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REIWA NEWS
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Thu, 01 Oct 2020
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| Rental listings reach eight-year low in September |
| Rental listings in Perth continued to drop, falling eight per cent to 2,926 over the month the lowest it’s been since 2012. Find out how the rest of the property market performed in September |
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Wed, 30 Sep 2020
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| The ban on evictions impacts more than just renters |
| While tenants and landlords have been in the spotlight recently, as potentially struggling due to the Residential Tenancies (COVID 19 Response) Act, you may not be aware that sellers and buyers may also be impacted. |
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Mon, 28 Sep 2020
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| Perth Market Snapshot for the week ending 27 September 2020 |
| Sales activity increased eight per cent in Perth this week, with REIWA members reporting 883 transactions. Find out how the rest of the market performed during the week. |
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Wed, 23 Sep 2020
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| Short-term rentals – check the checklist |
| The WA property market is experiencing a rental shortage, so there’s never been a better time for owner occupiers to get extra cash by offering your spare room or investment home for short-term renting. |
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Tue, 22 Sep 2020
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| How a ban on rent increases will impact tenants in the long run |
| While many are happy that the ban on rent increases has been extended and their rent will not be increased, things aren’t as black and white as this. Find out what this can mean for you as a tenant or landlord. |
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Mon, 21 Sep 2020
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| Moving your utilities like a pro |
| Whether you’re renting or buying, don’t leave it until
moving day to get your utilities sorted. Here are some of the basic things you
should know. |
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Mon, 21 Sep 2020
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| Perth Market Snapshot for the week ending 20 September 2020 |
| Sales activity decreased one per cent in Perth this week, with REIWA members reporting 826 transactions. Find out more on how the property market performed during the week. |
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Fri, 18 Sep 2020
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| A fair go for landlords during COVID-19 |
| The WA Government has extended the emergency period, meaning that the Residential Tenancies (COVID-19 Response) Act continues to apply to all tenancies regardless of if the tenant is financially impacted by COVID-19 or not. |
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Thu, 17 Sep 2020
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| Queensland leads the way on emergency tenancy legislation |
| REIWA notes that QLD have led the way and will be removing further restrictions from its emergency residential tenancy legislation and urges the McGowan Government to do the same. |
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Mon, 14 Sep 2020
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| Perth Market Snapshot for the week ending 13 September 2020 |
| Sales activity decreased five per cent in Perth this week, with REIWA members reporting 856 transactions. Find out how the rest of the property market performed this week. |
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Mon, 14 Sep 2020
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| WA rental market expected to worsen for new tenants |
| With Perth’s vacancy rate lowering 0.3 per cent and the extension to the emergency tenancy laws, the continuing reduction in supply is starting to look like a recipe for disaster. |
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Sat, 12 Sep 2020
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| reiwa.com awards celebrate WA real estate’s most elite |
| WA’s real estate professionals came together to celebrate the industry’s best at the 2020 reiwa.com Awards Ball held at Crown Perth on Saturday 12 September. Find out if your local or agency received an award. |
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Sat, 12 Sep 2020
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| Western Australia needs investors to help boost rental stock |
| You may be wondering why we've seen a large drop in available properties, where we are now at the lowest vacancy rate since March 2008. There are a few reasons, find out what they are. |
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Thu, 10 Sep 2020
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| Extension of the residential emergency rental laws to make rental shortage even worse |
| REIWA is extremely disappointed with the WA Government’s decision to extend the emergency period tenancy legislation for all residential properties, which has disregarded the needs of landlords and will make it harder for tenants to find a rental property. |
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Tue, 08 Sep 2020
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| REIWA launches plan for prosperity post COVID-19 |
| REIWA’s plan for prosperity post COVID-19 outlines recommendations that will help boost the economy and enable people to enter the property market. Find out what is included in the plan. |
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Mon, 07 Sep 2020
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| Perth Market Snapshot for the week ending 6 September 2020 |
| Sales activity increased 11 per cent in Perth this week, with REIWA members reporting 916 transactions. Find out how the rest of the property market performed this week. |
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Wed, 02 Sep 2020
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| Third year on and Western Australia is still the most affordable state for housing |
| The latest Real Estate Institute of Australia’s Housing Affordability Report has revealed that Western Australia is once again the most affordable state to buy and rent in. |
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Tue, 01 Sep 2020
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| Rental properties leasing two weeks faster in August |
| reiwa.com data shows it took a median of 21 days to lease a property in Perth which is 13 days less than the same time last year. Find out of the rest of the property market fared during August. |
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Mon, 31 Aug 2020
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| Perth Market Snapshot for the week ending 30 August 2020 |
| Sales activity increased two per cent in Perth this week, with REIWA members reporting 838 transactions. Find out how the rest of the property market performed during the week. |
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Fri, 28 Aug 2020
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| Home ownership for first home buyers critical to budget 2020 |
| The Real Estate Institute of Australia provided five key recommendations to the Australian Government in the lead up to the 6 October 2020 budget. |
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Mon, 24 Aug 2020
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| Perth Market Snapshot for the week ending 23 August 2020 |
| Sales activity increased 19 per cent in Perth this week, with REIWA members reporting 834 transactions. Find out how the rest of the property market fared during this week. |
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Sat, 22 Aug 2020
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| REIWA Information Service is a valuable tool during COVID-19 |
| Navigating their way through real estate transactions can be complex and challenging, especially during a global pandemic. Find out how the REIWA Information Services can help. |
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Wed, 19 Aug 2020
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| Perth’s vacancy rate drops to a 12-year low |
| The Perth rental market’s vacancy rate has dropped to 1.6 per cent, which is the lowest it has been since March 2008. Find out what this means for potential tenants looking for a rental property. |
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Mon, 17 Aug 2020
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| Perth market snapshot for the week ending 16 August 2020 |
| Sales activity decreased 10 per cent in Perth this week,
with REIWA members reporting 716 transactions. Find out how the rest of the
property market fared. |
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Mon, 17 Aug 2020
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| Which is more efficient for your home? Gas vs electricity |
| Whether you’re renovating or building, there are ways to
make your home more energy efficient, which can help you save money. |
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Fri, 14 Aug 2020
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| Perth’s affordable suburbs showing growth in July |
| Recently you may have seen that Perth’s luxury market has weathered the COVID-19 storm, however we are also seeing sales activity growth in the more affordable end of the market. Find out which suburbs are included in the top 10. |
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Thu, 13 Aug 2020
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| Listings reduce significantly in regional WA during June quarter |
| In the June 2020 quarter all nine regional centres in Western Australia saw a significant reduction in listings when compared to the previous quarter. Find out more on how the regional market performed. |
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Mon, 10 Aug 2020
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| Perth market snapshot for the week ending 9 August 2020 |
| Sales activity decreased five per cent in Perth this week,
with REIWA members reporting 803 transactions. Find out how the property market
fared during the week. |
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Thu, 06 Aug 2020
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| REIWA supports ‘Homes for Good’ this Homelessness Week |
| This week is National Homelessness Week and according to the Home Hub there are over 60,000 households in need of safe and affordable homes in Western Australia. Find out more on how you can help. |
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Mon, 03 Aug 2020
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| Perth market snapshot for the week ending 2 August 2020 |
| Sales activity increased 16 per cent in Perth this week, with REIWA members reporting 855 transactions. Find out how the property market performed during the week. |
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Mon, 03 Aug 2020
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| Perth sales activity increased 68 per cent from COVID-19 low |
| Sales activity in the Perth metro region increased in July, with reiwa.com data showing volumes were up 68 per cent compared to April. Find out more on how the property market performed in July. |
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Sat, 01 Aug 2020
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| Landlords play a key role in the fight against homelessness |
| Kicking off Sunday 2 August, National Homelessness Week
highlights that homelessness remains a problem and there is much to be done to
help our fellow West Australians. Find out more on what is happening during the
week. |
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Mon, 27 Jul 2020
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| Perth market snapshot for the week ending 26 July 2020 |
| Sales activity decreased five per cent in Perth this week, with REIWA members reporting 714 transactions. Find out how the rest of the property market performed during the week. |
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Mon, 27 Jul 2020
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| Property market return to normality means emergency legislation needs to end |
| With the ACT extending the emergency period tenancy legislation, REIWA is calling on the WA government to allow the emergency period to end at the current proposed time of 29 September 2020. |
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Tue, 21 Jul 2020
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| REIWA releases seven key policy options to help reinvigorate the rental market |
| With over 240,000 rental properties in WA, a significant proportion of the state’s population will be impacted by any changes to the upcoming review of the Residential Tenancies Act. |
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Mon, 20 Jul 2020
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| Perth market snapshot for the week ending 19 July 2020 |
| Sales activity decreased five per cent in Perth this week, with REIWA members reporting 799 transactions. Find out how the rest of the property market performed. |
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Mon, 20 Jul 2020
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| Tips on how to save money when you move |
| Moving house isn’t the cheapest exercise. These
eight helpful tips could help you save money when you move. |
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Mon, 13 Jul 2020
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| Perth market snapshot for the week ending 12 July 2020 |
| Sales activity decreased 34 per cent in Perth this week, with REIWA members reporting 863 transactions. Find out more on how the property market performed. |
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Fri, 10 Jul 2020
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| REIA welcomes decision by banks to extend loan repayment deferral period |
| REIA welcomes the announcement by the Australian Banking Association to implement a new phase of support to assist customers, as the six month loan repayment deferral period draws to an end. |
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Mon, 06 Jul 2020
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| Perth market snapshot for the week ending 5 July 2020 |
| Sales activity increased 35 per cent in Perth this week, with REIWA members reporting 1,318 transactions. Find out how the rest of the property market performed. |
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Mon, 06 Jul 2020
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| WA needs to create long-term economic activity and jobs by removing stamp duty |
| According to a draft report of the independent NSW review of Federal Financial Relations, it’s time to scale back on inefficient taxes including stamp duty, and REIWA is calling on WA political leaders to do the same. |
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Thu, 02 Jul 2020
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| June reveals biggest month of sales in Perth since 2015 |
| June reiwa.com data shows the strongest month for sales in Perth since 2015, with transactions increasing 55.1 per cent compared to May and 45 per cent higher than June 2019. Find out how the rest of the property market fared for the month. |
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Mon, 29 Jun 2020
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| Perth market snapshot for the week ending 28 June 2020 |
| Sales activity decreased two per cent in Perth this week, with REIWA members reporting 989 transactions. Find out how the rest of the property market performed. |
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Thu, 25 Jun 2020
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| What the building bonuses can mean for you in WA |
| If you have been thinking about building your next home or that next big renovation, now might be the time to put that plan into action. Find out more information on the various building bonus scheme available. |
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Mon, 22 Jun 2020
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| Perth market snapshot for the week ending 21 June 2020 |
| Sales activity increased 22.8 per cent in Perth this week, with REIWA members reporting 1,025 transactions. Find out how the rest of the property market performed. |
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Mon, 22 Jun 2020
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| Weekly sales transactions reach over 1,000 for the first time since June 2013 |
| reiwa.com data has revealed that over 1,000 sales transactions have occurred in greater Perth for the week ending 21 June 2020, which is almost double the weekly average. |
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Thu, 18 Jun 2020
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| Industry’s best recognised at the 2020 REIWA Awards for Excellence |
| For the first time in REIWA’s 102-year history, the 2020 Awards for Excellence were streamed to hundreds of people, who virtually celebrated and recognised the unparalleled work that is done within WA real estate. |
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Tue, 16 Jun 2020
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| iTrack off-market listings changing the way West Aussies buy and sell real estate |
| With an increasing number of sellers enquiring about off
market listings, the itrack property app has been modified to provide a new and
discreet way to buy and sell property. |
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Mon, 15 Jun 2020
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| Perth market snapshot for the week ending 14 June 2020 |
| Sales activity increased 44 per cent in Perth this week, with REIWA members reporting 844 transactions. Find out how the rest of the property market fared during the week. |
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Fri, 12 Jun 2020
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| Commercial Code of Conduct implemented in WA |
| With the WA Government’s Code of Conduct now in place, find out what this means for small business commercial tenants and landlords. |
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Tue, 09 Jun 2020
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| Building Bonus Scheme fails to address the biggest impediments to job creation |
| REIWA is disappointed that the Federal and State Government’s Building Bonus Schemes failed to address the biggest impediment to job creation and hurts those who can afford it the least. |
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Mon, 08 Jun 2020
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| Perth market snapshot for the week ending 7 June 2020 |
| Sales activity decreased six per cent in Perth this week, with REIWA members reporting 593 transactions. Find out more on how the rest of the property market performed. |
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Thu, 04 Jun 2020
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| Western Australia retains the title as most affordable state for buyers and tenants |
| For the eleventh quarter in a row, WA continues to be the most affordable state to live in, according to the latest Real Estate Institute of Australia’s Housing Affordability Report. |
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Tue, 02 Jun 2020
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| Perth market snapshot for the week ending 31 May 2020 |
| Sales activity increased 9.8 per cent in Perth this week, with REIWA members reporting 636 transactions. Find out how the rest of the property market performed. |
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Tue, 02 Jun 2020
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| Rental stock in Perth absorbing at a rapid rate |
| reiwa.com data has revealed Perth’s rental stock has been quickly absorbed, with listings falling by 17 per cent in May to 4,676, which is the lowest they have been since November 2013. |
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Fri, 29 May 2020
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| Caution for building stimulus package |
| REIA urges the government to ease caution over building stimulus package and help also support existing dwellings. |
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Wed, 27 May 2020
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| How you can still buy, sell or rent during the coronavirus outbreak |
| Looking to buy, rent or sell but not sure how it will work with the recent auction and home open restrictions? Find out more on what agents are doing to help during this uncertain time. |
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Mon, 25 May 2020
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| Perth market snapshot for the week ending 24 May 2020 |
| Sales activity increased 16 per cent in Perth this week, with REIWA members reporting 590 transactions. Find out how the rest of the property market performed. |
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Sat, 23 May 2020
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| Long-term impacts of COVID-19 on the property market |
| While restrictions are starting to ease, many are trying to understand what the long term impacts COVID-19 will have on our way of living and the WA economy. Find out more on the potential impacts to the real estate industry. |
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Fri, 22 May 2020
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| State tax reform is officially on the agenda for the 2021 State Election |
| REIWA welcomes the West Australian Liberal Party’s commitment to a state tax reform, which will enable people to move more freely and help boost WA’s economy. |
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Tue, 19 May 2020
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| Community REInvest program is knocking on digital doors |
| With unemployment numbers having increased by 600,000 nationwide due to the coronavirus outbreak, there are many turning to The Salvation Army for support, some who have never needed to before. |
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Mon, 18 May 2020
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| Perth market snapshot for the week ending 17 May 2020 |
| Sales activity decreased one per cent in Perth this week, with REIWA members reporting 511 transactions. Find out how the rest of the WA property market performed. |
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Mon, 18 May 2020
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| Residential listings for sale and rent at a six-year low in WA |
| There are few signs that the Perth residential property market has been impacted by COVID-19 with the market seeing higher demand than supply and available stock dropping through the period. |
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Sat, 16 May 2020
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| WA needs to look ahead and abolish stamp duty |
| Stamp duty is widely considered the most economically inefficient tax currently imposed by State Governments. Find out more on why WA needs to abolish this unnecessary tax. |
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Mon, 11 May 2020
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| Perth market snapshot for the week ending 10 May 2020 |
| Sales activity increased 32.7 per cent in Perth this week, with REIWA members reporting 527 transactions. Find out how the rest of the property market performed. |
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Sat, 09 May 2020
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| Home opens back in business |
| With home opens now allowed for up to 10 people including the agent, find out the best way to organise your home opens when looking for your next property. |
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Wed, 06 May 2020
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| COVID-19 changes for commercial landlords and tenants |
| The Commercial Tenancies (COVID-19 Response) Act 2020 has come into play. Find out what changes might impact you as a commercial landlord or tenant. |
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Mon, 04 May 2020
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| Perth market snapshot for the week ending 3 May 2020 |
| Sales activity decreased 7.2 per cent in Perth this week, with REIWA members reporting 400 transactions. Find out how the rest of the property market performed. |
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Fri, 01 May 2020
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| Perth property prices stabilise despite lower sales volume |
| The latest reiwa.com data has shown that Perth’s property prices have held in April despite sales volume dropping 40 per cent. Find out how the rest of the property market performed. |
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Thu, 30 Apr 2020
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| New strata laws to make strata better |
| The much-anticipated strata reforms, will come into effect as of Friday 1 May. Find out what these changes are and how they might impact you. |
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Wed, 29 Apr 2020
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| REIWA Training are now offering virtual classroom courses |
| REIWA Training is offering virtual classroom style courses for entry level sales and property management courses. Find out more on what this includes and how to start your career in real estate. |
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Tue, 28 Apr 2020
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| Perth market snapshot for the week ending 26 April 2020 |
| Sales activity increased 53.3 per cent in Perth this week, with REIWA members reporting 437 transactions. Find out how the property market fared during the week. |
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Sun, 26 Apr 2020
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| Easing of restrictions to help the struggling real estate industry |
| REIWA welcomes the McGowan Government’s announcement to allow the number of people who can attend a home open to be increased from two people to a maximum of 10 people. |
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Thu, 23 Apr 2020
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| Rent assistance essential to support property owners |
| REIWA welcomes the McGowan Government’s announcement for much-needed rent assistance to help property owners. Find out more on what this means |
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Mon, 20 Apr 2020
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| Perth market snapshot for the week ending 19 April 2020 |
| Sales activity increased in Perth this week, with REIWA members reporting 286 transactions. Find out how the property market performed this week. |
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Tue, 14 Apr 2020
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| Clarification to residential tenancies welcomed but it’s unfinished business |
| REIWA welcomes the announcement by Premier Mark McGowan concerning proposed amendments to the Residential Tenancies Act, which will provide much needed clarity to the industry during the coronavirus pandemic. Find out what this means. |
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Tue, 14 Apr 2020
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| Perth market snapshot for the week ending 12 April 2020 |
| Sales activity decreased five per cent in Perth this week, with REIWA members reporting 264 transactions. Find out how the property market performed this week. |
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Sat, 11 Apr 2020
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| Property market still open for business |
| Housing is an essential part of our community and many people will be still be required to buy, sell or rent during the coronavirus pandemic. Find out more on how the property market is open for business. |
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Tue, 07 Apr 2020
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| REIWA urges the McGowan Government to provide support for residential tenants and owners |
| A resolution has been achieved for commercial tenancy agreements after the Federal Government announced a mandatory code, which will apply if a tenant is eligible for JobKeeper payments and have a turnover of less than $50 million. |
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Mon, 06 Apr 2020
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| Fair Work Commission asked to vary award to keep real estate agents employed |
| The REIA, on behalf of the state and territory Real Estate Institutes, has made a submission to the Fair Work Commission to vary the Real Estate Industry Award 2020. Find out more on what this means. |
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Mon, 06 Apr 2020
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| Perth market snapshot for the week ending 5 April 2020 |
| Sales activity decreased in Perth this week, with REIWA members reporting 287 transactions. Find out how the property market performed this week. |
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Wed, 01 Apr 2020
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| Perth property market showed positive signs in March |
| Perth’s property market has seen another growth to the CoreLogic Hedonic Home Value Index, despite the recent economic changes. Find out more on how the market fared in March |
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Tue, 31 Mar 2020
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| REIA responds to wage subsidies |
| REIA welcomes the government’s announcement regarding wage subsidies offered to businesses who are to keep workers on the payroll. Find out more on this announcement. |
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Tue, 31 Mar 2020
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| West Australians to benefit from latest relief package, but stamp duty needs to be reviewed |
| REIWA congratulates the WA Government on their recent announcement to help home owners from falling behind on their payments. Find out more on what this includes |
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Mon, 30 Mar 2020
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| Perth market snapshot for the week ending 29 March 2020 |
| Sales activity decreased Perth this week, with REIWA members reporting 426 transactions. Find out how the property market performed this week. |
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Sun, 29 Mar 2020
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| Ban on rental evictions to support only those impacted by coronavirus |
| The Federal Government has announced a moratorium on rental evictions of residential and commercial tenants in financial distress, due to coronavirus. Find out more about these temporary changes. |
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Fri, 27 Mar 2020
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| Local councils encouraged to support businesses by fast tracking planning applications |
| REIWA encourages local governments to come together and support local businesses and development projects. Find out more on what this means. |
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Wed, 25 Mar 2020
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| Real estate industry supports new coronavirus restrictions |
| REIWA welcomes the clarification on auctions and home opens, which as of midnight 25 March 2020, will cease until further notice. Find out more information on what this means. |
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Wed, 25 Mar 2020
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| Winners of the 2020 REIA National Awards for Excellence announced |
| The Real Estate Institute of Australia (REIA) have announced the winners of the 15th National Awards for Excellence. Find out who the special WA winners are! |
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Mon, 23 Mar 2020
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| Perth market snapshot for the week ending 22 March 2020 |
| Sales activity decreased seven per cent in Perth this week,
with REIWA members reporting 607 transactions. Find out how the rest of the
property market performed during the week. |
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Sun, 22 Mar 2020
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| New relief package welcomed but more is needed to ensure housing security |
| REIWA is pleased that the Federal Government has announced they will introduce a relief package for up to $66 billion however more is needed to ensure housing security. |
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Fri, 20 Mar 2020
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| Relief package needed for property owners and tenants to protect their homes during COVID-19 |
| REIWA is calling on the State and Federal Government to urgently introduce a relief package to ensure all West Australians have a roof over their head during the COVID-19 outbreak. |
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Wed, 18 Mar 2020
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| Safeguards needed to ensure housing security for landlords and tenants during the coronavirus pandemic |
| REIWA is urging the state government to consider additional rent assistance for residential tenants who lose their jobs and safeguards for landlords if the tenant can no longer afford to pay rent as a result of the Coronavirus. |
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Tue, 17 Mar 2020
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| Did you know that REIWA offers an Affiliate membership? |
| Did you know that REIWA offers an Affiliate membership? Find out more on what this membership includes and how to join. |
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Mon, 16 Mar 2020
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| Perth market snapshot for the week ending 15 March 2020 |
| Sales activity increased in Perth this week, with REIWA members reporting 657 transactions. Find out how the property market performed. |
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Sat, 14 Mar 2020
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| Has renting in WA started to change? |
| While the WA property market is not performing as it was during this peak time, there are signs of improvement. Find out more on how the rental market has improved. |
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Mon, 09 Mar 2020
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| Perth market snapshot for the week ending 8 March 2020 |
| Sales activity decreased in Perth this week, with REIWA members reporting 787 transactions. Find out how the property market performed. |
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Thu, 05 Mar 2020
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| Housing affordability declines two per cent nationally |
| According to the REIA Housing Affordability Report for the December 2019 quarter, affordability has declined two per cent. Find out how WA performed compared to the rest of the nation. |
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Wed, 04 Mar 2020
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| Perth rents increase for the first time since January 2017 |
| Perth’s median rent increased to $360 per week in February and is the first increase the Western Australian property market has seen since January 2017. Find out how the rest of the property market performed in February. |
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Tue, 03 Mar 2020
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| Perth market snapshot for the week ending 1 March 2020 |
| Sales activity increased three per cent in Perth this week, with REIWA members reporting 710 transactions. Find out how the rest of the property market performed last week. |
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