Australia's housing affordability records further increase in Q3

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Source: RTT News
Australia's housing affordability continued to increase in the three months ended in September driven by further reductions of interest rates, the Housing Industry Association showed in a report on Wednesday. The report showed that the HIA-Commonwealth Bank housing affordability indicator advanced 3.2% in the Q3 to a level of 75.1, while the aggregate city affordability index rose 2.6% to 72.2.

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Wed, 27 Nov 2013 08:21:22 GMT

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