National loss-making resales 'lower': CoreLogic RP Data

| Jul 24,2015

The amount of homes nationwide sold at a loss is lower than the post financial crisis peak, according to the recent CoreLogic RP Data Pain & Gain report.

The report, covering the March 2015 quarter, found Perth and Darwin had a 'rapid' lift in the rate of loss-making resales over the last few months, noting this is similar in broader housing market conditions where rental rates are reducing and listings are rising.

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National loss-making resales 'lower': CoreLogic RP Data

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.