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House for sale in Melbourne
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Strong competition from investors is starting to price first homebuyers out of the market. Photo: Nils Versemann / Shutterstock

Investment activity pushes housing finance to another new high

Housing finance figures show investors continue to pour into property markets, with loans for investment properties rising to their highest point in six years.

Data from the Australian Bureau of Statistics showed the value of investor loans rose to $9.1 billion in May, a 13.3 per cent increase on t…

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