TMM - News

Auckland property gains halved in two years

Thursday 25th of January 2018

CoreLogic’s latest Pain and Gain report shows that the number of resales resulting in a gross loss in the third quarter of 2017 rose to 4.3%.

Nationwide, total gains declined by nearly $900 million.

In Auckland, total profits from gain-making property resales came in at $1.56 billion, which was half of the peak value of $3.0 billion in the third quarter of 2015.

CoreLogic h...

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