First Home Buyers Increasing Proportion of Housing Market

The September housing finance figures released today by the Australian Bureau of Statistics (ABS) show that first home buyers continue to increase their presence in the housing market, according to the Real Estate Institute of Australia (REIA).

“The proportion of first home buyers, as part of the total owner-occupied housing finance commitments, increased to 17.4 per cent and is the highest proportion since November,” REIA President Malcolm Gunning said.

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