First home buyer prices hit near-year low as low-equity mortgage approvals grow
Average prices paid by first home buyers fell to their lowest in almost a year during July.
First home buyers are increasingly taking on low-equity mortgages, with the trend continuing to grow. In July, the average price paid by first home buyers dropped to its lowest level in nearly twelve months.
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Growth of low equity mortgage approvals to first home buyers continues
Average price paid by first home buyers dropped to lowest level in almost a year in July