A rise in homes selling at a loss, as interest rates take a toll - 18-Feb-2023
A rise in homes selling at a loss, as interest rates take a toll
Source: nzcity.co.nz
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Property prices: Falling values start to take a toll on homeowners
While loss-making sales are increasing, long-time owners on Sydney’s northern beaches and the Hills shire pocketed more than $1 million profit on average.
Source: afr.com
Regional Australian market continues profitable run
Regional Australia continues to outperform the nation’s capital cities with regards to profits earnt from property sales, the latest CoreLogic Pain & Gain report indicates. According to the May re
Source: realestatebusiness.com.au
Australian Regional Property Markets Racing Ahead in Profits
Australian Regional Property Markets Racing Ahead in Profits A new report by property researcher CoreLogic has found that the property market in rural and regional areas experienced a boom in the last financial quarter. The latest Corelogic Pain and Gain report found that just over 88 percent of housing sales made a gain in the September quarter, translating into $24.8 billion in profits. This was an increase of $5 billion from the June quarter 2020. CoreLogic’s Head of Research Australia, Eliza Owen said these figures reflect the property market’s resilience through 2020, with regional...
Source: theepochtimes.com