Housing affordability in Australia

Housing affordability continues to slide

I recently read an article in MPA Magazine speaking about Demographia’s International’s annual Housing Affordability survey. Here is what they had to say: Housing affordability continues to deteriorate in Australia, with Sydney and Melbourne ranked among the top five least affordable major housing markets in the world, according to the 14th edition of Demographia International’s…

QBE Australian Housing

QBE Australian Housing

According to the latest QBE Australian Housing Outlook 2017-2020, an oversupply of units and reduced bank lending to investors is expected to dampen price growth in the housing market in coming years. The QBE-commissioned BIS Oxford Economics report analyses historical performance in the residential housing market, based on median prices, and forecasts market movements to 2020.…