Bad news for Perth property sellers
New research shows that WA has the highest proportion of properties selling at a loss anywhere in the country with homes losing up to $115,000 on their purchase price.
RP Data Core Logic said that 28.8 per cent of homes in the Perth metro area sold at a loss in the first quarter of the year, and nearly half (49.2 per cent) of all units.
Damien Collins, President of REIWA spoke to Tim and Jane about these worrying figures.
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