House prices hit decade‑high affordability – but buyers face a sting in the tail

House prices have risen to a level of affordability not seen in the past ten years, marking a decade‑high benchmark for prospective purchasers across the market, and reflecting a notable shift in price‑to‑income dynamics. Despite this record affordability, buyers are encountering a lingering disadvantage that tempers the overall positive momentum in the housing sector, creating a subtle but significant challenge for those seeking to enter the market.