Australia’s average housing affordability is the best it has been since 2016 with property in some cities and regions the most attainable it has been in decades, according to new ANZCoreLogic research.
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) dropped a further 2.2 points to 40.4 in May 2019 – a ninth consecutive month of contraction and its steepest rate of decline in six years (readings below 50 indicate contraction in…