House price falls won't help affordability

By Colin Brinsden, Aap Economics and Business Correspondent
Updated June 20 2022 - 11:41am, first published 11:34am
Moody's says Australian house prices are unlikely to fall enough to offset the interest rate impact.
Moody's says Australian house prices are unlikely to fall enough to offset the interest rate impact.

Australia's housing affordability will worsen over the rest of this year as interest rates rise, despite falling property prices and increasing household incomes, Moody's Investors Service warns.

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