Mortgage brokers seeing fewer first-home buyers

Tue, 25 May 2021

Mortgage brokers are seeing fewer first-home buyers while investors are in a "wait-and-see" mode as they await clarification of the government's housing policy, according to the latest survey of brokers by economist Tony Alexander.A net 15% of brokers reported seeing fewer first-home buyers, up from 13% a month ago, and Alexander said participation from these buyers has been trending lower since July last year."First-home buyers were the first group to move forcefully into the real estate market once the nationwide lockdown e...

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