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Housing affordability plummets
- August 19, 2010
- Posted by: admin
- Category: Finance News
No CommentsRising home values and increasing borrowing costs have seen housing affordability decline by more than 30 per cent over the past year. According to the latest HIA-CBA Housing Affordability Report, affordability fell by 9.1 per cent in the June quarter across capital cities and 6.7 per cent in regional markets. The decline brought the annual