The 15th Annual Demographia International Housing Affordability Survey has been released and, once again, it ranks Australia as having one of the most expensive housing markets out of the countries surveyed even though affordability has improved over the past year on the back of heavy house price falls.
This year’s report assesses 309 urban markets in eight countries: Australia, Canada, Hong Kong, Ireland, New Zealand, Singapore, United Kingdom, and the United States as at the third quarter of 2018.