Demand Finally Surfaces!

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The pent-up demand for housing serves to underline that this downturn is more like the credit squeeze of the mid-1970s, than the recession of the early 1990s.

It’s principally a confidence thing.

Surge in 1st Home-Buyer Activity

Surge in 1st Home-Buyer Activity


However, the recent surge in purchases by first-home buyers confirms that with the encouragement of low interest rates and government hand-outs … the buyers will play their part.

More importantly, the flow-on effect throughout the construction industry will give our economy a much needed lift.

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