First home buyers volumes actually hovering close to long-term levels after 2009 spike: RBA chart By Jonathan Chancellor Wednesday, 06 November 2013 The most interesting chart in todays RBA chart pack relates to first home buyers. The chart suggests first home buyers are actually hovering around long term levels after the 2009 spike. rba_graph_two Source: ABS That surge in FHB numbers came after Wayne Swans GST-triggered First Home Owner Grant Boost. Naturally that boost brought forward plenty of demand, so its to be expected numbers would fall after the boost went back to the lower grant levels. It also followed the re-targeting of the originating FHB grants and/or stamp duty exemptions across the states which are aimed at now encouraging FHBs to buy new homes not estabished homes. Perhaps FHBs arent being priced out by property investors?
Posted on: Wed, 06 Nov 2013 22:14:19 +0000
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