Affordability Back to 2013 Levels
The Real Estate Institute of Australia (REIA) today released its quarterly report into housing affordability in Australia which shows that the first three months of the year brought good news on housing affordability.
The Adelaide Bank/ REIA Housing Affordability Report provides a comprehensive analysis of the property sector in Australia and examines long-term trends based on quarterly results, which provide a better snapshot of the housing market.
REIA President, Neville Sanders said, “The latest comprehensive data shows an improvement in housing affordability nationally with the proportion of income required to meet loan repayments going down to 30% from 32.4% in the last quarter of 2015 and 30.8% a year ago.”
For full media release CLICK HERE
HOMES SHOULD BE AT THE HEART OF BUDGET 2021 AS AUSSIE JOBS COME BACK ONLINE
RAPID GROWTH IN HOUSING FINANCE APPROVALS SLOWING DOWN
AUSTRALIAN HOUSING PRICES SOAR BY 500% OVER PAST 25 YEARS
REIA News – March 2021
REIA WELCOMES A RETURN TO NORMALITY AS RENTAL MORATORIUMS IN MOST MAJOR STATES END
SHOW US THE EVIDENCE FOR BENEFITS TO CUSTOMERS: MUTUAL RECOGNITION
REIA SIGNS INAUGURAL SPONSORSHIP AGREEMENT WITH REALESTATE.COM.AU
REIA REPORTS A RISE IN HOUSING AND RENTAL PRICES ACROSS MOST OF AUSTRALIA