At last – some great news for first home buyers

Sydney and Melbourne house prices are set to get a lot more affordable over the next few years according to Moody’s Investors Service. House price growth will decrease to “low-single and mid-single digital levels, respectively” said Moody’s.

Sydney and Melbourne house prices have been booming over the last five years, putting first home buyers at a significant disadvantage in the housing market. If you have been wondering how on earth you will ever be able to afford to buy a property, good times may be ahead.

Source: Mortgage Business