Good news for anyone looking for a home or investment property, with affordability up for the fourth consecutive quarter and conditions steadily improving.
The HIA-Commonwealth Bank Housing Affordability index*, has improved again to a level that is 8.3% above the level in December 2010 due to;
- Low lending
rates
- Continued
earnings growth
- Modest increases
in the median selling price
When you add motivated sellers and discounted properties into the mix, there are some ripe opportunities available for investors and homebuyers looking to take action.
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