First time buyers

First time buyers are finding themselves under pressure

First time buyers play a critical role in the housing market,

 

counting for between thirty and forty percent of annual sales

With the supply of housing fixed in the short term,

the entry of new buyers into the market has a considerable effect on

current prices and sales in the sector.

This fact will affect the market as a whole.

 

In this particular period, unemployment, job loss, rising prices and the effect

 

on oil prices of theunrest  in the Middle East are all contributing to an overal period of uncertainty.