Housing affordability has improved in most major Australian markets, according to two separate measures published in the past week.>

The Adelaide Bank/REIA Housing Affordability Report says affordability improved across the nation in all except one state in the March Quarter. It found that the proportion of family income needed to make loan repayments decreased by 0.9 of a percentage point down to 30.3%.

Every state and territory except the Northern Territory recorded an improvement in housing affordability, with the greatest change seen in NSW (1.3 percentage points). The weighted average capital city median price fell 2.2% over the quarter.

Another report found that housing affordability is at its best in 30 months as the Sydney and Melbourne markets become more accessible.

The ANZ-CoreLogic Housing Affordability Report found recent falls in property values had pushed housing affordability to its highest point since December 2016, with property in some cities and regions the most attainable it has been in decades.