News

First home buyer sales slump but market share high

Friday 12th of May 2023

While just over 3,250 houses were sold to FHBs in the first quarter of this year, their market share at 25% is on par with previous record highs and well above the long-term average of 21-22%, CoreLogic’s latest First Home Buyers report says.

“Even if the downturn in prices does end in the second half of this year, we doubt that the market is going to boom again straight awa...

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