Australia has recorded a ten-year high for first homes buyers in the last quarter, according to the latest REIA’s “The Housing Affordability Report (HAR)”.
The report revealed a ten-year high for first home ownership and an overall improvement in housing affordability across Australia.
REIA President, Mr Adrian Kelly, said that a combination of factors meant that housing affordability has faced a bright spot for those who entered the market during the September 2020 quarter.