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Record Profit for Australian Home Sellers Masks Regional Disparities
Australian home sellers saw a record 95% profit rate in the September quarter, driven by Perth and Brisbane booms, while Sydney and Melbourne showed weakness; loss-making sales fell to a 15-year low of 5%, largely due to unit market improvements.
Record Profit for Australian Home Sellers Masks Regional Disparities
Australian home sellers saw a record 95% profit rate in the September quarter, driven by Perth and Brisbane booms, while Sydney and Melbourne showed weakness; loss-making sales fell to a 15-year low of 5%, largely due to unit market improvements.
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