The National Housing Finance and Investment Corporation (NHFIC) has today released its first research report on the First Home Loan Deposit Scheme, which provides a snapshot of key trends and insights for the Scheme’s first six months of operation.
Key insights from the First Home Loan Deposit Scheme Trends & Insights report, which covers the six months to 30 June, include:
NHFIC CEO Nathan Dal Bon said analysis of the First Home Loan Deposit Scheme’s first six months of operation found the Scheme had broad appeal.
“Demand for the Scheme in the six months to 30 June continued despite the onset of the COVID-19 pandemic,” Mr Dal Bon said. “First time buyers across age and income spectrums around the country accessed the Scheme, and we saw strong interest from buyers in outer metropolitan and regional areas.”
Mr Dal Bon noted that the First Home Loan Deposit Scheme Trends & Insights report is part of a series of short targeted reports from NHFIC’s new research unit.
NHFIC intends to provide an annual update on the operation of the Scheme following the end of each financial year. This new report follows NHFIC’s research publication Building Jobs: How Residential Construction Drives the Economy, which was released in late June.