Investors, first home buyers piling back into the market
Investors and first home buyers are making a big return to the property market, with three state capitals seeing particularly strong real estate demand and higher loan values.
First home buyers and investors have made a strong return to the property market. (Image source: Shutterstock.com)
As the inflation beast is gradually brought to heel, borrowers are becoming increasingly confident that interest rates have reached their zenith and are again borrowing with relative gusto.
It’s first home buyers who are leading the charge, with investors not too far behind.
The latest Australian Bureau of Statistics (ABS) data shows that in November new home and investment property loans were up 13.1 per cent over the year.
The value of new l…
