Low rates have a high price tag for first home buyers

Low interest rates have bumped up loan approvals while pricing many first home buyers out of the market. Increased speculation and limited first home buyer activity make house price growth unsustainable.

The value of housing loan approvals continued its upward trajectory in October, particularly for investors. But for first home buyers, it was an entirely different story: their activity has never been weaker.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles