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Media Release - House prices higher but first time buyers still coming

11 Jun 21

HOUSE PRICES HIGHER BUT FIRST TIME BUYERS STILL COMING

10 June 2021

The rising real estate market in South Australia over the past year has proved little deterrent for first-time
buyers looking to purchase property, according to REISA CEO, Barry Money.

“Statistics show that increasing numbers of first-time buyers are taking the plunge and entering the
market,” Mr Money said.

“ABS figures show that in each month between September 2020 and April 2021, the share of first-time
home buyers hovered around 33% of all housing loans in South Australia.

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