Skip to main content
See every side of every news story
Published loading...Updated

Home sellers still reap huge profits but cracks appear

Realtor.com found that 79% of Austin-area homes sold in 2022 are now worth less than their purchase price as supply surged and mortgage rates climbed.

A sharp decline in property prices has sparked fears of negative equity but less than three per cent of houses sold for a loss in the first half of 2026.

6 Articles

Despite the recent sharp drop in Australian house prices, which has raised concerns about negative assets, the latest data shows that 97.4% of homes sold in the first half of 2026 will still be sold at a profit, with less than 3% sold at a loss.

·New York, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 40% of the sources lean Left, 40% of the sources lean Right
40% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

The West Australian broke the news in Osborne Park, Australia on Tuesday, August 4, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal