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First home buyers rule the cooling new housing market

Finance Markets / Latest Activity

Australia

Feb 03 2018

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Michael Pascoe, The Sydney Morning Herald

First home buyers are the rising force in a cooling residential property market, according to the latest NAB survey of industry professionals.

The December quarter survey found that first home buying owner-occupiers and investors accounted for nearly 39 per cent of new housing sales, and 31.5 per cent of established housing sales.

Go to The Sydney Morning Herald and read the full story.

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