Original article by Mackenzie Scott, Samantha Bailey
The Australian – Page: 2 : 7-Jun-19
The ANZ-CoreLogic Housing Affordability report shows that Sydney and Melbourne are still the least affordable markets in Australia for buying a home. However, the report notes that overall, housing affordability has reached its highest level since December 2016. The downturn in the housing market also means that it is cheaper to buy rather than rent in many suburbs across Australia. The report is based on housing data from December 2018.
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, CORELOGIC AUSTRALIA PTY LTD, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WESTPAC BANKING CORPORATION – ASX WBC