There have been some interesting things written recently about how good an investment real estate (specifically primary residence) really is in both the short or long term.
The short version is, it really isn't a money maker.
There are good reasons to own, and equally good reasons to rent.
The discussion isn't really easily condensed into this forum, unfortunately.
One deciding factor is how long you intend to stay. A good guideline is 5 years. If you want to commit to a house for a minimum of five years, a house CAN be a good solution. Less than that, probably not.
My personal advice, unless you can afford a true 80/20 conventional mortgage, AND that 20% doesn't deplete ALL of your savings, then you should strongly consider continuing to rent.
YMMV.