Housing affordability improving across Australia, says REIA report
Housing affordability has improved across the country despite falls in Victoria, South Australia and ACT, according to new research from the Real Estate Institute of Australia and Adelaide Bank.
The latest Real Estate Insitute of Western Australia (REIWA) Curtin Buy-Rent Index for the March 2018 quarter has revealed it’s the best time to buy in Perth since 2013.
"Vendors who are prepared to meet the market are the ones selling"
While tighter lending restrictions and the "winter effect" have seen clearance rates dip in Melbourne, vendors who are prepared to meet the market have come out on top over the weekend.
While Sydney and Melbourne record decline, more housing stock positive for buyers
While clearance rates across the country have recorded a decline over the weekend, the increase in housing stock coming to the market is positive news for buyers.