May 2025

The Real Estate Institute of Queensland (REIQ) is welcoming the Reserve Bank of Australia’s (RBA) latest move to resume monetary easing, cutting the official cash rate by 25 basis points to 3.85 per cent – marking a return to the level last seen in May 2023. REIQ CEO Antonia Mercorella said the rate cut would provide welcome relief for borrowers and much-needed stimulus for new housing supply. “This cash rate cut is particularly critical for Queensland, where we’re experiencing above-average population growth and a pressing need for new housing construction,” Ms Mercorella said. “With the Brisbane 2032 Olympic Games on the horizon, stimulating housing supplyRead More →

Queensland’s rental market has started 2025 with even fewer options for tenants, as vacancy rates continue to tighten across most of the state in the March 2025 quarter, with the number of tightening regions outweighing those that eased. According to the Real Estate Institute of Queensland’s (REIQ) latest Residential Vacancy Rate Report, released today, 24 of the 50 regions tightened, 12 held steady, and just 14 saw any relief. The statewide vacancy rate has slipped from 1.0% to 0.9% – breaking a three-quarter period of steady conditions and reinforcing the entrenched strain on rental supply. Notably, the pressure is being felt across most of theRead More →

The Real Estate Institute of Queensland (REIQ) is congratulating the re-elected Labor Federal Government, saying a clear majority and a consecutive term bring a vital opportunity to see rubber hit the road for housing. Prime Minister Anthony Albanese, now Australia’s 32nd Prime Minister, has a historic opportunity to tackle the housing crisis with renewed momentum and political capital. The REIQ stands ready to collaborate with the Albanese Government to ensure all Australians have access to a secure and affordable home. REIQ CEO Antonia Mercorella said the stability offered by a majority government, combined with longevity of term to see policies to fruition and the endRead More →