The Housing Industry of Australia (HIA) has reported that South Australia has seen a modest increase for new home sales by private citizens in the month of September.
The Ray White group went back to their roots as they marked 110 years in business with a celebration in the historic rural town where it all began on Sunday, 21 October.
The Real Estate Institute of Victoria has reported that at the weekend (October 27 and 28) auctions saw a clearance rate of 66 per cent - a result derived from the highest number of auctions this year - over 1,000.
RP Data shows that the high cost of living around large capital cities is thanks to a concentration of the population in the surrounding areas of these cities.
The growth, while impressive, should be further developed through government incentives and grants as well as bank policy in the coming years, says HIA NSW executive director David Bare.
Under the National Rental Affordability Scheme (NRAS), the federal government has delivered 10,000 affordable rental homes for those who are in a low or middle bracket of income.