First home buyer participation in the residential property market picked up strongly in the middle of last year, as the prospect of an extended period of historically low rates encouraged first home buyers to gear up.
However, that trend appears to have peaked.
According to the latest Australian Bureau of Statistics housing finance data, the number of new loans to first home buyers in April was down 1.9 per cent month-on-month, following a 3.1 per cent fall in March.
First Home Buyer Activity Slowing
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Last
$3.84 |
Change
-0.020(0.52%) |
Mkt cap ! $1.120B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.89 | $3.76 | $4.317M | 1.129M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7707 | $3.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.85 | 2540 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$3.85 |
Change
-0.020 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $3.86 | $3.88 | $3.76 | 211856 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| HLI (ASX) Chart |