PropertyResidentialInterest ratesPrint articleDistressed listings blow out as interest rate rises biteNila SweeneyReporterUpdated Nov 2, 2022 – 10.07am, first published at Nov 1, 2022 – 5.12pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginThe number of distressed listings nationwide has jumped by more than 15 per cent since interest rates started rising in May as more vendors struggle to meet sharply higher mortgage repayments, data from SQM Research shows.Tuesday’s interest rate increase of 0.25 percentage points to 2.85 per cent, will further stretch household finances and may force some to offload their property in a hurry, experts say.Loading...Nila Sweeney was a property reporter at The Australian Financial Review.SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreInterest ratesProperty pricesSalesProperty investmentSydney house pricesMelbourne house pricesLatest In ResidentialFetching latest articlesMost Viewed In PropertyThe Australian Financial Review MagazineHow Chanel is setting a new standard in designer watchesLuke BenedictusWhen money’s no object, this is the architect to design your next home‘Everything associated with design you can learn from a magazine’BOSS Financial ReviewThis top exec knows how burnout feels. It led him to his dream jobSally Patten and Mandy CoolenFrom market stalls to supermarket shelves, this exec hit the jackpotOnly 3 women are on the Rich Bosses list. There might be a reasonLife & LeisureGood news! 2025 is a Classic year for smartwatchesJohn DavidsonBentley throws out the rule book as it enters a new electric eraDazzle with a lacy Zimmermann frock and a cherry evening bagRich ListThree decades of PMs, fashion icons and the odd person headed for jailBrook TurnerFortescue near settlement with US tycoon after energy deal bust-upAustralia’s 50 Richest Bosses revealed
