First-home Buyers On The Rise!

New data from Westpac shows an increase in the number of first-home buyer loans issued compared to the same period in 2017 and 2016.

The data also showed that Millennials are increasingly saving towards home ownership, above other financial goals such as travel or lifestyle. Around 70% of Westpac’s customers aged 25 to 34 are saving for a home, which is 10 times more than those saving for travel. It’s the most common savings goal for the age group……

 

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