Shock horror! Falling home values improves affordability

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With dwelling values across three of Australia’s capitals in freefall:

The time taken for first home buyers (FHBs) to save a deposit has fallen, according to Domain.

Here’s Sydney:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.