Housing affordability in regional Australia has deteriorated amid the shift in preferences for regional areas during the COVID-19 crisis, according to HIA data.
Figures from the Housing Industry Association (HIA) have revealed that regional areas experienced a larger fall in affordability than the capital cities, with the regional index falling by 3.7 per cent in the December 2020 quarter.
According to the HIA, this has seen it return to the level it was in December 2019.
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