CHIA Media Release
The Community Housing Industry Association (CHIA) congratulates the National Housing Finance and Investment Corporation (NHFIC) on its second State of the Nation’s Housing Report. Since the demise of the Housing Supply Council, Australia has lacked the succinct digest of housing data, necessary to inform both government and industry responses to housing need. This report is a great foundation to build upon.
On the upside, the report’s message is, that despite the pandemic, housing supply has held up well, that new dwellings are forecast to grow by more than 550,000 over the next three years, and that this level of supply is roughly consistent with household growth. Equally, housing affordability has generally worsened – both for aspiring homeowners, and also the often overlooked lower income private renters.
Full media release here