Property Resales Continue To Show Profit Despite Slower Conditions

According to research analyst Cameron Kusher “With property values continuing to increase over the final quarter of 2017, albeit at a more moderate pace, the proportion of properties resold at a profit has continued to climb.” 

Profits earned from property resales over this period totalled $17.832 billion. By comparison the resale losses amounted to just $442.0 million in realised losses. The analysis found that the vast majority of the $17.832 billion in profit was generated by Sydney…