Adios housing affordability

Leith van Onselen

Wednesday, 13 November 2019

CoreLogic has released housing affordability data, which shows that affordability peaked in the June quarter of 2019:

However, that was as good as it will get given the recent surge in values, especially across Sydney and Melbourne:

According to CoreLogic:

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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.