Wednesday, June 29, 2016

Fitch: Saving a Deposit is the Major Barrier for First-Home Buyers in Australia

(The following statement was released by the rating agency)

Link to Fitch Ratings' Report: Asia-Pacific Structured Finance

Chart of the

Month - June 2016

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=884220

SYDNEY, June 30 (Fitch) Housing affordability for first-home

buyers is at its

most expensive on record in Sydney and Melbourne and remains

high in other

Australian capitals, despite housing-loan serviceability at its

cheapest since

2003. Fitch expects first-home

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