The National Housing Finance and Investment Corporation (NHFIC) today released its third flagship ‘State of the Nation’s Housing 2022-23’ research report.

The report provides data and analysis into housing demand and supply across Australia, as well as long-term projections, with a view to identifying potential drivers of, and challenges to, housing affordability.

NHFIC CEO Nathan Dal Bon said: “The rapid return of overseas migration together with a supply pipeline constrained by decade-high construction costs and significant increases in interest rates is exacerbating an already tight rental market. NHFIC analysis shows housing affordability and supply are likely to remain challenging for some time, underscoring the need for a holistic approach to mitigate the housing pressures Australians are facing.”

Report here

Full media release here