First-Time Homebuyer Demand Continues to Outpace Housing and Mortgage Market, Driving Home Pricing Appreciation – RICHMOND, Va., Aug. 29, 2017 /PRNewswire/ — During the second quarter of 2017, first-time homebuyers purchased 570,000 single-family homes compared to 426,000 last quarter, marking the highest number.
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Housing affordability worsens as first home buyers take out bigger loans – Adelaide Bank head of distribution Darren Kasehagen agreed that stamp duty cuts had stimulated demand but said that for loans to be rising at a time when prices in the east-coast dominated residential.
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