Housing affordability has improved across the country despite falls in Victoria, South Australia and ACT during the first quarter of 2018, according to research from the Real Estate Institute of Australia and Adelaide Bank.
REIA President Malcolm Gunning said the March quarter 2018 edition of the Adelaide Bank/REIA Housing Affordability Report found the proportion of median family income required to meet average loan repayments decreased by 0.3 percentage points to 31.3 per cent.
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REIA News – March 2021