An interesting post I read today states that real estate agents are starting to see a decrease in the number of first-home buyer’s grants being utilized in the hopes that prices will fall.
Some potential first home buyers are now of the opinion that they can save money by waiting until the grant expires at the end of the year and buy after prices drop.
Accourding to data from the Australian Bureau of statistics showed that the number of people taking up the first home owners grant in NSW dropped from over 6,900 in June to just over 6,600 in July.
Hmm I thought the opposite would be occuring. Could this be true?
Daniel Kanoon
Some potential first home buyers are now of the opinion that they can save money by waiting until the grant expires at the end of the year and buy after prices drop.
Accourding to data from the Australian Bureau of statistics showed that the number of people taking up the first home owners grant in NSW dropped from over 6,900 in June to just over 6,600 in July.
Hmm I thought the opposite would be occuring. Could this be true?
Daniel Kanoon
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