ABS data shows first-home buyer loans hit a near three-year high in June, led by Queensland's expiring grant boost. Victoria and NSW stamp duty concessions should extend the recovery; Intrapac's Max Shifman reports first-home buyer sales share rising since July 1.
As I told the Australian Financial Review: “We’ve seen an increase in first home buyers definitely since July 1. The proportion of sales has swung in favour of first home buyers. There’s definitely been an increase.”
Business Insider, 10 August 2017 — Read the full article