Readers may recall HIA-CBA Housing Affordability Index that mysteriously rose along with house prices. That report died quietly after MB led a media charge against its…ahem…questionable methodology. But like any good Hydra, another head has appeared in its truncated place.
The Adelaide Bank/Real Estate Institute of Australia (REIA) has released its quarterly affordability report, which revealed an improvement in home buyer affordability over the March quarter of 2015, although rental affordability worsened.
