More Kiwis Are Selling For A Loss!

Digital Finance Analytics (DFA) Blog

Nov 19 2023 | 00:04:50

00:00 / 00:04:50

Show Notes

Recent property purchasers in New Zealand are more likely now to sell at a loss, according to property data company CoreLogic’s latest Pain and Gain Report. The report found 7.4% of the residential properties sold across the entire country in the September quarter were sold for less than their owners paid for them. But in Auckland, where 11.3% of sales fetched prices below what owners had paid for them. Those least likely to make a loss were in Christchurch where the loss making rate was just 4.7% of total sales. The proportion of loss making sales has increased rapidly since […]

Other Episodes

Episode

August 21, 2019 • 00:22:40

The Anti-Cash Ban Wave Rises [Podcast]

Robbie Barwick from the CEC and I discuss the latest on the cash ban. Quiet Australians are speaking! Share this:EmailPrintTwitterFacebookLinkedInReddit

Episode 0

June 26, 2021 • 00:27:40

More Silly Season Stupidity: Market Review 26th June 2021 [Podcast]

The latest edition of our finance and property news digest with a distinctively Australian flavour. Go to the Walk The World Universe at https://walktheworld.com.au/

Episode

May 10, 2024 • 00:17:14

The “Tapping Super For Home Purchase” Conundrum!

Housing affordability is shot, as we have been discussing, thanks to demand stoked by high migration, higher lending multiples as the financial system was...