COVID-19 has had a big effect on Australian housing market

COVID-19 has had a big effect on the Australian housing market.

Signage for a real estate property is seen in Carlton North, Melbourne, Wednesday, July 18, 2018. (AAP Image/James Ross) NO ARCHIVING Source: AAP

COVID-19 has had a huge effect on most areas of the economy.

 

And new data from a survey carried out by the Australian National University shows the housing market is no exception.

 

As the effects of coronavirus on the economy started to bite, the survey shows the proportion of Australians unable to meet their regular housing costs more than doubled.

 

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