Australia has had a marginal improvement in housing affordability according to the March quarter 2014 Adelaide Bank/Real Estate Institute of Australia (REIA) Housing Affordability Report.
The report says the proportion of income required to meet loan repayments decreased 0.2 percentage points to 30.6% over the quarter.
Acknowledgement of Country: REIA acknowledges the traditional owners of the lands on which we work. We pay our respects to Elders past and present. We recognise their connection to our land, and we thank them for their contribution to our industry.
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