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Investors snap up new builds at record levels

Monday 7th of November 2022
CoreLogic figures show 32% of new property sales went to mortgaged investors in the third quarter of this year. The average over the past five years has been about 25%.
CoreLogic research head Nick Goodall says the trend is expected to continue as interest rates rise, the profitability of buying new, as opposed to existing increases, because the ability to deduct mortgage interest payme...
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