CoreLogic: 13% of apartments selling for a loss

Monday 26 June 2017

From CoreLogic’s latest Pain & Gain report comes news that 13.3% of apartments transacted across Australia in the March quarter sold at a loss:

As shown above, New South Wales was the outlier, with every other apartment market in the mainland recording double-digit resale losses.

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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.