The Real Estate Institute of Australia (REIA) says housing affordability improved in the first quarter of 2015. The latest Adelaide Bank/REIA Housing Affordability Report shows that the proportion of median family income required to meet average loan repayments was 30.8%, a decrease of 0.7 percentage points from the previous quarter. Despite housing affordability easing, the report shows rental affordability worsened over the quarter, with 25.1% of median income required to pay median rents