The ratio of household debt to disposable income was at a record high of 188.7 per cent at the end of 2016, according to recent statistics from the RBA.
The debate about housing affordability stepped up a notch on Thursday when CoreLogic revealed that its latest data shows Sydney property prices are on track to achieve growth of 19 per cent in the year to March.
Murrumbidgee property nation's top performer over 20 years
Over 20 years, it's not Sydney's exclusive Woollahra or Melbourne's upmarket Stonnington councils that have achieved the strongest growth in property prices, but the fertile agricultural region in southern NSW of the Murrumbidgee Council, according to a new report by CoreLogic.
On St Patrick’s Day, CoreLogic head of commercial research, Eliza Owen, looks into the fate of The Corkman Irish Pub – what went wrong, and why this may signal trouble for historic Melbourne icons.
Strong growth in the number of properties available for rent could mean population growth is increasingly housed in investment properties, says Cameron Kusher, head of research at CoreLogic.