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First home buyers outbid by property investors

May 9, 2024 - 11:30 -- Admin

The AFR reports that demand for homes priced under $800,000 is expected to increase in the coming months as investors and first-home buyers return to the market and compete for affordable stock. CoreLogic research director Tim Lawless said stronger-than-expected house price growth in the past 15 months and expectations of further capital gains were enticing

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