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.
Perth micro-lots a welcome addition to housing stock: REIWA
The REIWA has welcomed the addition of micro-lots to Perth's housing stock, saying they offer an alternative to the city's traditional housing and high-density inner-city homes.
