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AAP
AAP
Tara Cosoleto

More house flippers take hit, owners staying put longer

More people who sold a home within two years of buying it have failed to profit on the resale. (Russell Freeman/AAP PHOTOS)

More Australian home owners are selling up quick but failing to make a profit in the process. 

New CoreLogic data shows the portion of owners making a loss - after selling their home within two years of buying - rose to 9.7 per cent in the June quarter, compared to 2.7 per cent in the same period of 2022.

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