Will housing affordability be worse in 2017 ?

Housing affordability became one of the hottest debated topics in 2016 and looks to continue to dominate headlines into 2017.

Housing affordability is a complex task that needs addressing and requires the cooperation of all governments; local, state and federal, and the private sector.

CoreLogic Report Highlights

• The divergence between dwelling values and income growth occurred against a backdrop of lower mortgage rates, and
• Australian’s generally demonstrate a high elasticity of demand for housing, with lower mortgage rates driving high levels of demand contributing to higher housing values.

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