Tamworth brokers are currently in the grips of a record-breaking boom in home loan applications, a craze carrying over from last year's "bumper" wave.
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It's a rush seen right across the country, with figures released by the Australian Bureau of Statistics (ABS) showing November had the highest result for the second month in a row.
The highest since the bureau began reporting on this data in 2002.
Broker and franchisee of Aussie Home Loans in Tamworth, Matthew Davies, said he'd easily have doubled the number of loans from the same month the year before.
Bryan Coleman, from Tamworth's Priority Home Loans, called last year "absolutely massive". It was the "most incredible" year he's seen, speaking from his two decades in the business.
Touching base with the big banks, these brokers said they've been told the boom is reaching every corner of the city, predicting its continuation throughout 2021 as well.
Mr Davies said it had been a bumper six months.
"We've been breaking records week after week really," he told the Leader.
"Speaking with some of the big banks themselves, they are seeing record numbers as well in their week to week lodgments."
Seeing primarily first home buyers and those purchasing land, and said the coming year may prove interesting with land and established homes getting snapped up at a rapid rate.
"We are seeing a lot of first home buyers, a lot of building, and chatting to builders and agents, there is no land available anywhere, it's getting snapped up left right and centre due to the government stimulus," he said.
Mr Coleman said after 20 years in the business, this was the biggest year he'd seen as well.
"This is definitely the strongest demand I've seen in all those years," Mr Coleman explained.
"[Government stimulus] has certainly done it's job, and we are definitely booming."
The Housing Industry Association (HIA) economist Angela Lillicrap said HomeBuilder was the catalyst for improving consumer confidence in the housing market.
But she also attributed the strength of housing finance data due to low interest rates as well.
"The extension of HomeBuilder at the end of November is not a factor in this month's result but will see the strength in housing finance data extend into 2021," she said.
The number of construction loans to owner occupiers in the three months to November was 83.7 per cent higher than the same time last year.
The number of loans for the purchase of land in the three months to November 2020 was also up by 99.2 per cent compared to the same period in 2019.
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Mr Coleman says the demand will stay strong looking forward to the upcoming months.
And while this may drive prices skyward, the traditional supply and demand trend would likely take over.
He hypothesised even that wouldn't deter prospective buyers as the week to week costs of loan repayments would remain the same.
"Regardless of how much the house costs upfront, the repayment amount stays the same on an interest base, so I doubt more expensive houses will dent the demand at all," he predicted.