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 0

July 25, 2022 • 00:13:08

Higher Rates, And Risk Of Recession, As Weaker Lending Is Expected [Podcast]

We look at the latest data as forecasters indicate a rise in mortgage rates as the RBA tackles inflation, leads to reduced lending, and...

Episode 0

July 14, 2022 • 01:29:51

DFA Live Q&A HD Replay: The Approaching Storm With Tony Locantro [Podcast]

This is an edited version of a live discussion about the current state of the markets with Investment Manager Tony Locantro from Alto Capital,...

Episode 0

March 11, 2021 • 00:18:10

Housing Affordability Stinks! [Podcast]

We discuss the latest Demographia report on housing affordability. Why are prices relative to incomes so high? http://www.demographia.com/dhi.pdf https://theconversation.com/zoning-isnt-to-blame-for-australias-soaring-house-prices-154482 Go to the Walk The...