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Housing Market Update

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Housing Market Update – DC Metro November 2015_final



28 FEB How to be a financially-fit first home buyer

Opening a high interest savings account or term deposit will help you grow your deposit faster as many institutions offer competitive rates. You may also want to consider a First Home Saver Account, which gives you concessional tax treatment on earnings, plus government contributions to help you save for your dream home…

Industry calls for more first home help

The REIA cites statistics that show a steady decline in first home buyers. From November 2011 to November 2013 the number of home loans issued to home buyers increased by 20.5 %, but the number of first home buyers declined from 20.2% to 12.3% – the lowest level ever recorded by the ABS, despite eight cuts in the official interest rate in the same period…