The importance of First Home Buyers
LJ Hooker | November 01, 2016
In August, this year, FHBs represented 13.4% of all properties approved for finance by lenders. A decade earlier, the portion of first time purchasers was 17.2%. Head of Research at LJ Hooker Mathew Tiller said: “In May 2009, when the economy was still dealing with the impacts of the GFC, First Home Buyer representation was at its highest (31.4%) following the Federal Government’s First Home Owners Boost stimulus.