More homes selling at a loss as rising interest rates push down property prices

Trend most pronounced in Melbourne and Sydney, reflecting sharper downturns in major cities * Get our free news app, morning email briefing or daily news podcast The number of home sellers making a profit has subsided as the property market continues its downward trend. Loss-making sales grew the fastest in Melbourne and Sydney, according to CoreLogic data, reflecting the sharper downturns in the major cities. Sign up to receive an email with the top stories from Guardian Australia every morning Continue reading...
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