Investors returning after budget blow to housing breaks

There's signs more investors are going back to Australia's housing market. (Lukas Coch/AAP PHOTOS)

Property investors are regaining a foothold in the housing market after tax changes in the federal budget boosted owner-occupiers.

The share of homes bought by investors climbed to 23.2 per cent over the four weeks ending July 18 after sinking to 20.7 per cent in the four weeks to June 27, according to data from Ray White, which conducts one in four Australian auctions.