More vendors sold at a profit in the March quarter although the size of their windfall gain shrank amid the seasonal decline in sales, CoreLogic’s latest Pain and Gain report shows. The proportion of profit-making residential sales ballooned to 94.3 per cent nationwide, the highest level of profitability in 14 years, boosted by the persistent increases in home values,.

Homeowners in key suburbs could pocket more than $200,000 in equity gains over the next year alone if recent trends continue, analysis of new price modelling has revealed. Multiple homeowners across the country could see another $200,000 or more added to their net worth next year if recent trends in the housing market are repeated..