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FIRST HOME BUYERS DOMINATE AUSTRALIA’S PROPERTY MARKET FOR THE FIRST TIME IN A DECADE

1 December 2020

Australia has recorded a ten-year high for first homes buyers in the last quarter, according to the latest REIA’s “The Housing Affordability Report (HAR)”.

The report revealed a ten-year high for first home ownership and an overall improvement in housing affordability across Australia.

REIA President, Mr Adrian Kelly, said that a combination of factors meant that housing affordability has faced a bright spot for those who entered the market during the September 2020 quarter.

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