First home buyers make-up record portion of market share

First home buyers are defying all odds according to new data, which shows them taking up a record portion of the market share.

These buyers have made 27 percent of the country's property purchases in the last six months, despite high interest rates and cost of living pressures.

But the number of deals has fallen beneath previous averages with the market still subdued.

CoreLogic chief property economist Kelvin Davidson spoke to Susie Ferguson.