Daily Archives: 08/06/2011

Housing Affordability back at 2003 levels

Home buyers will be happy to hear that Australia’s average property price to income ratio has fallen back to 2003 levels. According to recent research conducted by Rismark, the average proce today of an Australian dwelling in relation to disposable income has fallen to just 4.2 times in March 2011 from its recent peak of 4.7 times in December 2009. ...

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