One in eight apartments selling for a loss

Wednesday 28 September 2016

From CoreLogic’s latest Pain & Gain report comes news that one in eight apartments transacted across Australia in the June 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.