Category: Improves
Housing affordability improves
In some good news for the residential property industry, the recent release of the Housing Industry Association-Commonwealth Bank Housing Affordability Index showed an improvement in housing affordability levels, which my colleagues and I at CENTURY 21 hope will help to deliver a much needed boost to Australia’s residential real estate market. The June 2011 quarter saw the Index rise by 0.8 per cent, a result that sees it sit 7.2 per cent above where it was at the same...Read complete post