First-home buying hits record highs
Subdued sales numbers, easier finance, and lower interest rates have sparked a mass jump onto the property ladder, Cotality says.
The number of homes sold to first-home buyers climbed to 28.8% of all deals last month, the highest number on record, analytics firm Cotality said.
That saw first-home buyers account for 28.4% of all deals during the final quarter, helping prop up an otherwise sedate real estate market, as the year
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