News
House profits dropping and some owners in negative equity

Thursday 18th of August 2022
The housing data company says residential real estate has reached a turning point and the softening in values could have plunged more than 500 first home buyers into negative equity, with mortgages larger than what their homes are now worth, assuming they had a 20% deposit and had not paid back any capital.
The report shows across the country the average profit on properties being resol...
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