Revealed: Most affordable states for housing
Australia's housing and rental markets posted a slight improvement in affordability over the first three months of the year, according to a recent report from the Real Estate Institute of Australia (REIA).
Low rates buoy housing market — expert
The low-rate environment will continue to support the housing market as it grapples with the economic impacts of the COVID-19 outbreak, according to experts.
Approvals defy doomsday forecast
When the federal and state governments imposed restrictions in March in the efforts to contain the coronavirus outbreak, many market watchers were quick to forecast a sharp fall in building approvals. This, however, was not the case, according to the latest figures from the Australian Bureau of Statistics (ABS).
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