Housing affordability back to 'square-one' as cities reach new peaks
With the property markets in Sydney and Melbourne projected to reach new peaks by the end of 2020, it’s back to ‘square one’ for housing affordability, according to RiskWise Property Research.
Sharpest fall to the shallowest bottom - HIA economist on rise in housing affordability
The HIA Affordability Index rose by 2.2 per cent in the March 2019 quarter to post the most significant improvement in affordability since September 2013.
A trend of improving affordability is taking root in the major capital cities - due largely to falling housing prices,” commented Geordan Murray, HIA Acting Principal Economist.
