Housing affordbility continued its decline over the December quarter of 2021, with the proportion of income required to meet loan repayments reaching 37%, the latest Real Estate Institute of Australia (REIA) Housing Affordability Report has found.
REIA President, Hayden Groves said affordability for both home buyers and renters has become a key issue for Australians and with interest rate rises looming, affordability could worsten.
GROWTH IN HOUSING FINANCE APPROVALS RESUMES
2021 OFFERS UNIQUE OPPORTUNITY FOR LATE AUTUMN AND WINTER SALES
RENTS CONTINUE RECOVERY FROM COVID IMPACT
All-star line-up for REIA National Awards for Excellence 2021 to be held in the Top End
HOMES SHOULD BE AT THE HEART OF BUDGET 2021 AS AUSSIE JOBS COME BACK ONLINE
RAPID GROWTH IN HOUSING FINANCE APPROVALS SLOWING DOWN
AUSTRALIAN HOUSING PRICES SOAR BY 500% OVER PAST 25 YEARS