First home buyers increased their share of housing demand this quarter, hitting the highest level since 2011.
Overall, first home buyers accounted for almost two in five sales in new housing markets and around one in three in established markets.
Most of the first-time buyers were owner-occupiers rather than investors.
It is a trend expected to continue over the year ahead, with first home buyers, owner-occupiers and local investors tipped to increase their share as foreign demand continues to fall.
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