BUYER CLASSIFICATION CHARTS, CORELOGIC.
These looks at all transactions across the market and groups them based on who the buyer was.
It's important to keep in mind that the of property sales has remained low in recent months. However, within that quieter overall market, there have been some interesting changes in term of market share. The CoreLogic Buyer Classification series shows that first home buyers' market share has been rising in the past few months, hitting 24.9% in August. No doubt some would-be FHBs have pulled back from the market in the hope of a cheaper price later, but others are clearly still keen to buy. For multiple property owners (MPOs/investors), those with cash are currently enjoying a relatively high presence by past standards, at 14.4%. But for mortgaged investors, it's tough going at present - regulatory pressure, low yields, and rising mortgage rates are all likely to have contributed to the pressure, and their market share in August was just 21.3% (versus 29% in early 2021, prior to the tax and LVR changes).
