Monday, February 10, 2020

Australia's first home buyer boom: Home loans hit decade-high as millennials enter market

First home buyers are making a comeback in the Australian market, with the highest level of newcomers purchasing property in more than 10 years.
New figures released today by the Australian Bureau of Statistics show that owner-occupier first home buyers jumped 21.33 per cent year on year.
In seasonally-adjusted terms, during December a record of 9,606 loans were approved to first home buyers – marking the highest point since December 2019.

Read more: https://www.9news.com.au/national/australias-first-home-buyer-boom-as-young-people-race-into-the-market/61ec95a1-b6ed-4978-8e8d-58cb52096173

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