The REIA June Housing Affordability Report has good news for renters showing rental affordability is at its best since 2007, says president Adrian Kelly.
As interest rates continue to shrink on home loans, the ability for people to buy their own home also reduces, according to REIA Housing Affordability quarterly report.
Bi-partisan support for a Federal Housing Minister recognises the urgent need to address our housing affordability challenges at a national level, said the Housing Industry Association.
Housing affordability driving buyers away from capital cities
Long-time residents are moving away from capital city suburbs, with many shifting to regional Australia, according to analysis by buyers’ agency, Propertyology.