First-home buyers hit lowest level in a decade, price falls ‘needed' (AU)

``As a proportion of all home buyers, first-home buyers dropped to 13.9 per cent in May, according to housing finance data released by the Australian Bureau of Statistics. Down from 14.4 per cent in April, this latest result is the lowest since 2004. At that time, the proportion fell to a record low 12.8 per cent as grants for first-home buyers came to an end.''