Rental affordability improved during the June 2019 quarter to the lowest proportion of income required to meet rent payments since June 2008, according to research from the Real Estate Institute of Australia.
All eight capital cities saw an improvement in the Housing Industry Association Affordability Index for the June 2019 quarter, with Darwin showing the greatest improvement, its index up by 4.8 per cent.
A commitment to support the delivery of affordable housing on surplus Commonwealth land offers a first insight into the new federal Housing Minister Michael Sukkar’s housing supply agenda.
Sharpest fall to the shallowest bottom - HIA economist on rise in housing affordability
The HIA Affordability Index rose by 2.2 per cent in the March 2019 quarter to post the most significant improvement in affordability since September 2013.
"It's disappointing": New report finds housing affordability is down
Tasmania was the hardest hit as housing affordability declined across the country, according to research from the Real Estate Institute of Australia (REIA) and Adelaide Bank.
Most renters don't believe they will ever own their own home, survey says
That's according to a survey conducted by the Housing Industry Association (HIA) which found home ownership is more important to people than ever - but most believe it's completely out of their reach.
In 2019, there will be several political and economic factors that will continue to impact Sydney’s property market, according to a leading real estate CEO.
Housing affordability improving, but number of first home buyers down, report finds
Housing affordability across the nation is slowly improving, but the credit squeeze is putting the brakes on the number of first home buyers entering the market, the Adelaide Bank/REIA Housing Affordability Report has revealed.
A trend of improving affordability is taking root in the major capital cities - due largely to falling housing prices,” commented Geordan Murray, HIA Acting Principal Economist.
