One in ten apartments selling for a loss

Wednesday 29 June 2016

From Core Logic-RP Data’s latest Pain & Gain report comes news that just over one in ten apartments transacted across Australia in the March quarter sold at a loss:

As shown above, Sydney was the outlier, with almost every other market recording double-digit resale losses in the apartment space.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.