- 4 updates
There are encouraging signs tonight that first-time buyers are getting a bigger slice of the housing market.
Today Wales' largest building society, the Principality, announced that they lent more than a billion pounds in mortgages last year.
That money has helped thousands of people get onto the property ladder - and in Wales, first-time buyers were getting a bigger share than ever before.
The building society Principality have announced an increase in mortgage lending of 10.7% in the last year.
First-time buyer lending has also increased, with the society helping over 1,800 first-time buyers across the UK onto the property ladder.
Principality has also grown its Welsh first-time buyer market share to a record high of 12%.
Graeme Yorston from The Principality Building Society says first time buyers are 'critical' to Wales' housing market.
Wales' biggest building society will be announcing its annual results later. It is thought the results will be positive, led by an increase in the number of first time buyers.
The Principality, Wales' biggest building society, will announce its annual results for 2013 later this morning.
The figures are expected to be a good indicator for the Welsh economy, underlying a recovery in the housing market.
It's thought last year's positive figures are a result of more first time buyers getting on to the property ladder in Wales.