Overheated Market Could Burn First-Time Home Buyers

Overheated Market Could Burn First-Time Home Buyers
A couple walks past a real estate agent's window in Melbourne, Australia, on May 1, 2019. William West/AFP via Getty Images
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Pushing people to enter the “overheated” housing market is a bad idea, an expert says, with new data finding first-time buyers want to purchase property as soon as possible.

A report has affirmed Australians are eager to join the home-ownership ladder during a week of jockeying in federal government over how best to help buyers.