BUSINESSNY POST
Home flipping profits rise for first time in nearly 2 years
Home flipping profits are rising for the first time in nearly two years, reversing a trend caused by high home prices and elevated interest rates. A new report indicates improving profit margins for flippers.
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Adjacent reporting
- Home flipping finally rebounds after two-year slump... but investors are still making far less than before
- Home sales surged in May to the highest level since December
- Britain's house flipping hotspots revealed as 'once profitable venture' falls to its lowest level in more than a decade amid high stamp duty costs
- Congo’s Biggest Lender Rawbank Posts 9% Rise in Annual Profit
- U.S. existing home sales surged in May to their highest level since December
- 20 stocks in the S&P 500 of companies with soaring sales and improving profit margins