More Kiwis Are Selling For A Loss!

November 19, 2023 00:04:50
More Kiwis Are Selling For A Loss!
Digital Finance Analytics (DFA) Blog
More Kiwis Are Selling For A Loss!

Nov 19 2023 | 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

January 05, 2024 00:19:14
Episode Cover

Pin The Tale (Yes, I Do Mean Tale), On The Home Price Donkey…

CoreLogic reported that their national Home Value Index (HVI) rose 8.1% in 2023, a significant turnaround from the 4.9% drop seen in 2022, but...

Listen

Episode

April 14, 2025 01:01:35
Episode Cover

Its Edwin's Monday Evening Property Rant!

An important week for a Rant as Edwin and I pick apart the latest housing policy announcements, and the broader economic questions surrounding the...

Listen

Episode 0

December 02, 2020 00:15:35
Episode Cover

SMSF - Bed of Roses or Crown of Thorns? [Podcast]

I discuss a Nucleus Wealth article authored by Tim Fuller, Head of Advice at Nucleus. The allure of having complete control over your financial...

Listen