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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…