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Profit making resales continue to rise despite widespread lockdowns impacting transaction volumes

Australia’s real estate resilience continued its reign through the September 2021 quarter, CoreLogic’s latest Pain & Gain Report shows. The rate of profit-making resales across Australia rose to 92.4% in the September 2021 quarter, up 50 basis points from the June quarter. The three months to September saw the highest level of profitability in more than a decade.
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