Published: November 12, 2018
Unless wages start growing strongly, owning property will remain out of reach for many
The latest housing finance figures released late last week suggest there is still some way to go before house prices bottom out. But for those hoping for improved affordability, the news is less good as average home loans remain at near record levels.
In September, for the 14th month in a row, the total value of housing finance commitments fell in trend terms.
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