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Media Releases

Real Estate Institute of Tasmania members donate to fire appeals

The Real Estate Institute of Tasmania is very proud to announce that through the generosity of our members, we have raised fifteen thousand, one hundred dollars ($15,100.00) to be donated to those that have been tragically affected by the recent fires. The State Executive Board Members agreed that the donations raised would be donated to … Continued

State Government misses the mark with the First Home Buyers/Builders Grant

Late 2012 the State Government announced its intention to provide a boost to First Home Builders. The Real Estate Institute of Tasmania is of a strong opinion that this incentive targets the wrong sector of the local real estate market. Recent media commentary that the FHO Grant applications were down by 27% come as no … Continued

Tasmanian Real Estate agents leading the nation

The Real Estate Institute of Tasmania CEO Mark Berry is proud to announce the following appointments; Mr Peter Bushby as National President of the Real Estate Institute of Australia. Peter has had a distinguished career commencing in Real Estate in 1972 in the Northern Tasmanian market of Launceston and surrounds. He was a partner in … Continued

2012 set to close on a positive note for Tasmania’s property industry

The Real Estate Institute of Tasmania (REIT) today released its September Quarter Property Report, which highlights real estate trends for the quarter, revealing an increase of 6.2 per cent in house sales across the State for the quarter. REIT President Adrian Kelly said this was a positive sign, bringing real estate in Tasmania back to … Continued

2012 Tasmanian real estate industry sails steady course

The Real Estate Institute of Tasmania (REIT) today released its March Quarter Property Report, revealing a steady start to 2012 for Tasmania, despite nationwide downward trends, with a decrease of only 0.2 per cent in house sales across the State. REIT President Adrian Kelly said while this was encouraging, the figure was still down 12.3 … Continued

2011 ends on a positive note for Tasmania

The Real Estate Institute of Tasmania (REIT) today released its December Quarter Property Report, which highlights real estate trends for the quarter, revealing an increase of 3.2 per cent in house sales across the State for the quarter. REIT President Adrian Kelly said while this was a positive sign, the figure was still down 9.4 … Continued

September quarter steady as she goes

The Real Estate Institute of Tasmania (REIT) today released the September Quarter Property Report, highlighting real estate trends for the quarter, which showed Tasmania was slightly down in total residential sales. REIT President Adrian Kelly said across the State there was a 3.2 per cent reduction in house sales on the previous quarter and a … Continued

Tasmania house sales continue to decline

The Real Estate Institute of Tasmania (REIT) today released the June 2011 Quarterly Property Report, revealing that while the volume of house sales across Tasmania has continued to fall, house prices at least have remained steady. REIT President Adrian Kelly said during the June quarter, house sales in Tasmania had fallen by 10.2 percent across … Continued

Volume of house sales at lowest point in two decades

The Real Estate Institute of Tasmania (REIT) today released the March 2011 Quarterly Property Report, revealing the volume of house sales across Tasmania is at its lowest point in two decades. REIT President Adrian Kelly said during the March quarter, while house sales in Tasmania had increased by 3.1 per cent, the figures were still … Continued

January sales figures still down

The Real Estate Institute of Tasmania (REIT) today released the REIT Market Report for January 2011 which shows house sales are still down 6.3 per cent compared to figures for January last year. REIT President Adrian Kelly said while the actual ratio of property listings and sales was difficult to analyse, anecdotally we are hearing … Continued

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