Property sellers losing money at rate not seen in 14 years, property data firm says
Verified: 2 outlets have reported this story since Nov 11, 2 of them from New Zealand.
Almost 16 percent of properties sold in the quarter went for less than the sellers had paid for them, Cotality says.
How sure are we
Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.
Who reported it
2 outlets from New Zealand, where the story is: 1News, RNZ · how we count
- Nov 11, 4:54 PM UTCFirst report· you’re reading thisProperty sellers losing money at rate not seen in 14 years, property data firm saysrnz.co.nz ↗
- Nov 11, 6:42 PM UTC+2 hProperty sellers losing money at rate not seen in 14 years - Cotality1news.co.nz ↗
- Verified: a second independent outlet reported itNov 11, 6:42 PM UTC · +2 h
[Claude] Report 2 covers the same Cotality Pain and Gain finding, with the 15.8% figure rounded to almost 16 percent, so the two are consistent.
1h agoScore bands
What moves the score
Not in the score: AI checks and reader flags. Verified is separate: two or more independent outlets and a score of at least 65%.
Very high · How we score this