CoreLogic’s Cameron Kusher yesterday published a blog post revealing that the proportion of homes selling for at least one million dollars has risen to new heights, with the immigration and bubble hotspots of Sydney and elbourne leading the way.
Below are some key extracts:
Over the 12 months to June 2017, 15.4% of all house sales and 8.8% of all unit sales nationally were at a price of at least $1 million. By comparison, 12 months earlier 14.4% of all house sales and 7.5% of all unit sales were at least $1 million in value…
