July 2019

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. Combination of lower home prices, improvements in wage growth and lower interest rates have contributed to the ongoing improvement in the HIA Affordability Index…Read More→

According to CoreLogic head of research Tim Lawless, the June housing market results present an early sign that lower mortgage rates and improved sentiment are already having a flow-on effect for housing market conditions in Sydney and Melbourne, while most other regions of Australia continue to show relatively soft housing market outcomes. National housing market