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First home buyer with mortgage broker discussing affordability
3 min read
First home buyers now make up 35.0% of owner occupier dwelling commitments

First home buyers hit hardest by worsening affordability

Housing affordability declined over the September quarter of 2021, with the proportion of income required to meet loan repayments increasing to 36.2% nationally, the latest Real Estate Institute of Australia (REIA) Housing Affordability Report has found.

REIA President, Adrian Kelly said housing af…