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Showing 121 - 130 of 136 results for "Housing affordability"

Australia trailing towards the future

CHRIS NICHOLLS  |  FRIDAY, 1 JUN 2007
... less than a quarter of China's growth was unimpressive, Norman said. Normal also pointed out Australian's housing affordability was now at record lows, with the average Australian wage purchasing a mere seven per cent of the Sydney median house price ...

Houses at half price

... The initiative is the most recent example of a whole new range of products designed to address the lack of housing affordability in the country. In February, the Western Australian Government announced a $300 million scheme whereby the State government ...

Daily economic round-up

PETER BELL  |  THURSDAY, 15 FEB 2007
... being allowed even more credit. Treasury officials have recently told a Senate estimates committee that housing affordability was at a historic low at a time when the debt servicing obligations of households have reached a two decade high. House Price ...

Daily economic round-up

PETER BELL  |  FRIDAY, 25 AUG 2006
... built yearly just to keep up with demand. Treasurer Peter Costello has blamed state governments for the housing affordability crisis because property taxes exceed the value of land in some areas. Treasurer Costello has asked the RBA to liaise with the ...

Daily economic update

BENJAMIN ONG  |  TUESDAY, 30 MAY 2006
... sector. The recent rate hike and rising housing prices (reported by the ABS last week) will further lower housing affordability which is already near record lows. While the May Budget income tax cuts should provide some offset, it remains to be seen ...

Daily economic update

... rates on ice - possibly till the end of the year - is renewing confidence in the property market. Improved housing affordability is also luring homebuyers back. The HIA/CBA housing affordability index rose by 5.4 per cent in the December quarter to its ...

Daily Economic Update

... US GDP growth and rising prices has provided a large impetus to consumer spending. Economists expect US housing affordability to continue to fall in coming months as home prices and interest rates push higher. Median house prices increased nearly 17 ...

Housing affordability down in December

Housing affordability for first-time home buyers fell 8.4%, reaching a record low in the December quarter, according to a report released yesterday by the Commonwealth Bank and the Housing Industry Association. Figures from the survey indicate that ...

Macquarie research shows housing remains affordable

... the short term," Mr Barrett cautioned. Macquarie Bank head of property research Rod Cornish added that, "Housing affordability is only one measure when looking at the property market. Other factors to consider include the general economy, migration patterns ...

First home buyers housing affordability falls to record low

AAP  |  THURSDAY, 27 NOV 2003
Housing affordability for first home buyers fell to a record low for the second quarter running, dropping by 9.4 per cent in the September quarter, according to the Commonwealth Bank/HIA Housing Report. The report said Australian housing affordability ...