Buy-to-let investors, who have tended to purchase cheaper properties, have partially compensated for the disappearing first-time buyer (see chart).
However Mr Fowlis warned that first-time buyer numbers still represented only 46% of the figure before the 2008 economic crisis.
BBC: First-time buyers help boost monthly house sales by 21%
The average age of a first-time buyer, unassisted by their parents or other family, was 37 years old, the report said.
In the capital the average property price is 8.2 times the average income of a typical first-time buyer household, the review found.
The Bank of Scotland first-time buyer review tracks housing affordability in nearly 250 local authority areas across the UK, including 26 in Scotland.
In Britain, the average deposit required by a first-time buyer has risen from 28% of annual income in 1997 to 80% this year.
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But in both London and Northern Ireland, the average first-time buyer property remains unaffordable for someone on average earnings in all local authority areas.
In Scotland, a first-time buyer borrowed 2.88 times their income in 2012, lower than the 3.26 times income borrowed across the UK as a whole.
Since the fundamental idea was so important to them, we ended up using it twice: Customers for Life: Turning That One-Time Buyer Into a Lifetime Customer.
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The CML data shows that the 13% deposit of a property's value put down by the average first-time buyer is the largest for more than three years.
This can be rapidly remedied by reboosting the housing market, which a tax deduction on all (not just first-time buyer) home purchase down payments would effectively do.
"The most decisive factor in achieving a sustained increase in first-time buyer numbers is likely to be the performance of the wider economy - especially the labour market, " he said.
Constable John Gallichan said a new speed limit for the road was being investigated as part of the plans for new first time buyer homes in the area which will be ready next year.
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They should be prioritised on social housing waiting lists and government first-time buyer schemes, and there should be increased funding to adapt homes for wounded personnel and to stop so many ending up sleeping rough, said Grant Shapps.
Here's a term we haven't heard much when it comes to housing for some time: buyer's market.
Housing starts declined more than economists anticipated in May, following the expiration of the first-time home buyer tax credit.
The bill is liberal with the definition of a first-time home buyer.
Miller points to the first-time home buyer tax credit of 2009-2010, when there was a surge in activity up until its expiration.
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Earlier this week the feds sued two Miami preparers, alleging they falsely claimed the first-time home buyer's credit for dozens of clients.
By the time the buyer contacts a sales person, they have a specific list of questions and a price they are willing to pay.
Example: The first-time home buyer tax credit (available to those with a contract in place by Apr. 30) may have simply accelerated planned purchases of houses.
In 2003 he admitted to conducting 37 "wash trades, " where he was at the same time a buyer and seller of shares in companies in which he was a director, like War Eagle Mining.
It may be time for buyer beware.
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It warns, however, that values may have merely received a boost from the spring season (home values typically have their best stretch as the weather warms) and the extension of the first-time-buyer tax credit that expired last month.
Investors have been trying to stay afloat amid crosscurrents of conflicting economic data, yet it all boils down to one key question: Is the decline in housing a statistical anomaly related to the expiration of the first-time home buyer credit or is it a leading indicator of another sharp decline in the housing market?
To ensure the buyers are satisfied, Copious holds the payment from the buyer for a period of time after the buyer receives the item, approximately 24 hours, before releasing the payment in case there are any issues.
So, most of the time, a buyer of palm oil will be trading with an intermediary that combines production from multiple farms.
At first, Congress didn't give the IRS authority to immediately reject taxpayers claims for the first-time home-buyer credit if they lacked proper documentation.
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Taken together, this is a much better time to be a buyer than a seller.
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