as posted here
30-April-09
Written by Janelle Macri
EARLY analysis of the property market for 2009 is showing signs of revival, as the effects of the increased first homeowners grant, lower interest rates and stamp duty concessions for first homebuyers start filtering through.
First homeowners accounted for more than 40 per cent of all market activity for the March quarter, significantly higher than the normal market share.
The tripling in the first home buyers' grant to $21,000 for new homes, and its doubling to $14,000 for established houses, has been a major driver of activity.
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as posted here
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