CoreLogic Research Director Tim Lawless says housing is still “highly unaffordable” amidst recent dips in the levels of demand for “credit availability”.
“In reality, housing is still highly unaffordable, so I don’t think there’s going to be a great deal of people … I just
can’t see the level of demand coming back into the marketplace for credit availability,” Mr Lawless told Sky News Australia.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House prices set for speedy recovery: CoreLogicSydney’s house prices are poised for a sharp recovery, which is not far off, as the market continues to rise faster than expected, CoreLogic says.
Read more »
Director Kelly Reichardt: ‘Keep in mind, I don’t have my finger on any pulse’The film-maker behind First Cow discusses her new Michelle Williams-starring drama Showing Up and the difficulties of making art in this climate
Read more »
Property prices rise for the first time in 10 months, while chronic rental shortage continuesSydney's average property price is back above $1,000,000, according to CoreLogic data for March, but rents are still rising in major capital cities, with a federal report finding 46,500 households are experiencing homelessness.
Read more »
Premium Sydney homes gain $610,000 in just three monthsProperty values for Sydney’s more expensive homes climbed by as much as 8.4 per cent in just three months as the earlier than expected recovery in the top-end segment gathered pace, new data from CoreLogic shows.
Read more »
EXCLUSIVE: White House receives new report on COVID-19 originsA new classified intelligence report has been handed to the White House on the origins of COVID-19, Sky News host Sharri Markson reveals. Ms Markson said this report was handed to the White House five days ago and is at least ten pages long. “I can reveal that included in this new classified report is research by scientists that the DNA of illegally-traded racoon dogs was found at the Wuhan wet market,” she said. “The research was prepared by a group of scientists, some of whom have been accused of activism and have long held the view that COVID-19 is a virus of natural origin. “The findings are contested and rely on Chinese data. “It's also pre-print and senior figures are perplexed that it has found its way into such a high-level intelligence document when it hasn't yet been peer-reviewed and is so speculative.” This is the second classified report on the origins of COVID-19 to be handed to the White House this year.
Read more »
Clinical trialsAustralian scientists are a step closer to a blood test that could detect Alzheimer’s disease years before symptoms start to appear. It will be used in a new trial focused on early intervention. 7NEWS
Read more »