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.
Download the full media release here:
REIA News – June 2019
Research shows March housing decline, market to stabilise: REIA
Housing affordability improves while rental affordability declines: report
Rate cut will help affordability: REIA
Real Estate Institute of Australia welcome’s PM’s Ministerial appointments
REIA News – May 2019
Housing finance numbers continue dive
Real Estate Institute of Australia endorses First Home Buyer initiative