Large percentage of Townsville homes selling at a loss

first_imgGeneric imageMORE than 46 per cent of Townsville homes sold for less than the owners paid for them in the June quarter as the Townsville property market continues to languish.Core Logic released their Pain and Gain report for the June quarter which assesses gross profit and loss based on dwelling resales.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020Townsville falls well below the national average of profitable dwelling sales which sits at 89.8 per cent while in regional Queensland the average sits above 80 per cent for both houses and units. However the report stated that transactions volumes are no longer falling but demand remains low so people selling who bought at the peak of the market are likely to incur a loss.CoreLogic analyst Cameron Kusher said the high amount of properties sold at a loss was representative of falling property prices.“Unfortunately Townsville is continuing to see more and more homes reselling at a loss,” he said. “It is up slightly, 45 per cent of homes the previous quarter, 46.1 per cent this quarter and it really just highlights the market is continuing to struggle continuing to see values fall and obviously a lot of people are looking to exit that market, not a lot of people are looking to enter and people are having to discount their prices to get out.”last_img read more

Speaker Pelosi: We Want to Work With Trump on USMCA, Infrastructure and Drug Prices

first_imgAt the same time Democrats are targeting President Trump with an impeachment inquiry, House Speaker Nancy Pelosi announced thatthey also want to work with the president to get some important things done for the American people.Pelosi says that democrats want to work with President Trump on the USMCA trade deal between the U.S., Mexico and Canada.Also, she says she wants to pass an infrastructure bill and work on lowering the cost of prescription drugs.Pelosi called the impeachment inquiry necessary to uphold the constitution.last_img read more

The Latest: ’19 runner-up Medvedev in US Open quarterfinals

first_img12:05 p.m.Serena Williams and Maria Sakkari are on court in Arthur Ashe Stadium to warm up for their fourth-round meeting at the U.S. Open.It is a rematch of a contest Sakkari won less than two weeks ago at the Western & Southern Open, a hard-court tournament played this year at Flushing Meadows.Williams owns six U.S. Open titles and 23 Grand Slam singles championships in all. Sakkari, a 25-year-old from Greece, is trying to reach her first Grand Slam quarterfinal. Medvedev was in control from the outset of a 6-4, 6-1, 6-0 victory over American Frances Tiafoe, ranked No. 82 in the world. The Russian needed only an hour and 38 minutes as he maintained his streak of winning every set so far in the tournament.Medvedev has dropped serve only three times in all.With top-ranked Novak Djokovic out of the tournament and Nadal not playing because of COVID-19 concerns, Medvedev has a clearer path to a title. He’ll face Russian Andrey Rublev in the quarterfinals.Tiafoe had “Black Lives Matter” on his sweatshirt and shoes, along with a handwritten “Respect Us!”___ Associated Press Share This StoryFacebookTwitteremailPrintLinkedinRedditNEW YORK (AP) — The Latest on the U.S. Open tennis tournament (all times EDT):9:00 p.m.Third-seeded Daniil Medvedev is into the quarterfinals of the U.S. Open, where he finished as runner-up last year to champion Rafael Nadal. ___3:30 p.m.Novak Djokovic has been fined $10,000 for unsportsmanlike conduct at the U.S. Open, where he was defaulted for accidentally hitting a line judge in the throat with a ball after losing a game.That amount is half the $20,000 that a player can be docked for violating the unsportsmanlike conduct clause of the Grand Slam rule book. The $10,000 is in addition to the $250,000 in prize money the U.S. Tennis Association said Djokovic would forfeit after being disqualified in the first set of his fourth-round match Sunday. 4:40 p.m.Tsvetana Pironkova sent Alize Cornet to yet another Grand Slam heartbreak.Pironkova rallied for a 6-4, 7-6 (5), 6-3 victory that put her in the quarterfinals of the U.S. Open for the first time. It is Pironkova’s first tournament since Wimbledon in 2017, when she took off to give birth and raise her son, Alexander. The 32-year-old from Bulgaria will face third-seeded Serena Williams, who advanced in three sets earlier in the day.The 30-year-old Cornet was again denied her first career appearance in a Grand slam. She was playing in her 57th Grand Slam overall and her 54th in a row, the longest active streak and tied for the fourth-longest in the Open era. Japan’s Ai Sugiyama played in 62 consecutive majors. ___6:20 p.m.The total financial penalty for Novak Djokovic’s U.S. Open disqualification: $267,500.Djokovic has been docked an additional $7,500 for skipping the mandatory post-match news conference after being defaulted in the fourth round at Flushing Meadows for accidentally hitting a line judge in the throat with a ball after dropping a game.The maximum fine for that infraction is listed as $20,000 in the Grand Slam rule book. The Latest: ’19 runner-up Medvedev in US Open quarterfinals ___2:40 p.m.Serena Williams is into the quarterfinals at the U.S. Open for a 12th consecutive appearance.It wasn’t easy, though.Williams needed to come from behind in the third set before taking another step closer to Grand Slam title No. 24 by edging Maria Sakkari 6-3, 6-7 (6), 6-3 on Monday. September 7, 2020center_img 7:55 p.m.No. 10 Andrey Rublev got the better of a U.S. Open rematch and advanced to the quarterfinals with a 4-6, 6-3, 6-3, 6-3 win over No. 6 Matteo Berrettini.They also played in the fourth round of the U.S. Open last year, with Berrettini winning in straight sets. This time, the 22-year-old Russian played much steadier in a matchup of players who had not lost a set in the first three rounds.Rublev also reached the quarterfinals at Flushing Meadows in 2017.Berrettini held serve all 45 times in his first three matches. Rublev broke him four times while pulling away. He’ll face either Frances Tiafoe or third-seeded Daniil Medvedev, who was the U.S. Open runner-up last year to Rafael Nadal. The winner will face Alize Cornet or Tsvetana Pironkova next.___More AP tennis: and In the quarterfinals, de Minaur will face No. 2 seed Dominic Thiem or No. 15 Felix Auger-Aliassime.___12:50 p.m.Serena Williams has taken the first set of her U.S. Open fourth-round match against Maria Sakkari by a 6-3 score. ___ Second-seeded Dominic Thiem eased into the quarterfinals of the U.S. Open with a straight-sets win over Felix Auger-Aliassime.Thiem’s 7-6 (4), 6-1, 6-1 victory put him in the quarterfinals at Flushing Meadows for the second time — he also did it in 2018. With top-ranked Novak Djokovic gone, the Austrian is the highest-seeded man left.Thiem has reached three Grand Slam finals and gone 0-3, including a five-set loss to Djokovic at this year’s Australian Open.He beat a 20-year-old Canadian who had been broken only once during the tournament and broke him five times in three sets. He will face Alex de Minaur in the quarterfinals.___ 1:35 p.m.Alex de Minaur has moved into his first Grand Slam quarterfinal by beating Vasek Pospisil 7-6 (6), 6-3, 6-2 at the U.S. Open.The key to the match in Louis Armstrong Stadium on Monday was the opening-set tiebreaker. Pospisil held four set points at 6-2 but failed to convert any. De Minaur took a half-dozen points in a row to take the set and was in control from there.He is a 21-year-old from Australia who is seeded 21st at Flushing Meadows. That is also the most someone can be fined for unsportsmanlike conduct; Djokovic earlier was told to pay $10,000 for that violation.Those two fines are in addition to losing his $250,000 in prize money for making it to the fourth round at the U.S. Open.To put the money in context: Djokovic has earned more than $140 million in prize money over his career, aside from millions more in endorsement deals.___5:25 p.m. 2 p.m.Serena Williams has been pushed to a third set by Maria Sakkari in the fourth round of the U.S. Open.Williams won the first set 6-3, but Sakkari took the second in a tiebreaker, converting her fifth set point when Williams missed a forehand.Sakkari beat Williams in three sets less than two weeks ago in the Western & Southern Open.___ This was a rematch from less than two weeks ago at the Western & Southern Open. That one was won by Sakkari, also in three sets, when Williams dealt with leg cramps and faded down the stretch.This time, Williams was two points from victory at 6-all in the tiebreaker but dropped the next two points and the set. Then she trailed 2-0 in the third before turning things around.Williams, who turns 39 in less than three weeks, will face an unseeded opponent — either Alize Cornet or Tsvetana Pironkova — for a semifinal berth.The American has won six of her 23 major singles championships at the U.S. Open.___last_img read more

USC swims to two meet victories over weekend

first_imgThe USC swimming and diving team dominated in their duel meet against UC Santa Barbara on Saturday, where the Trojan men won 139 – 123 and the Women of Troy scored 143 – 111.Among the highlights of the competition was the debut of juniors Richard Charlesworth and Presley Bard. Charlesworth was a 2008 Olympian for Great Britain and Bard an All-American transfer from Indiana. Both swimmers began training with the Trojans in January of last year, but were unable to compete until Saturday’s meet due to NCAA eligibility requirements.British distance specialist Charlesworth won both his individual events clocking a 4:33.09 in the 500-yard free and a 9:21.62 in the 1000-yard free.Bard placed first in the 100-yard back (54.99) and second in the 50-yard free (23.72).The meet kicked off with the 200-yard medley relay where the women’s ‘A’ team starring Bard, as well as freshmen Jessica Schmitt, Yumi So and Christel Simms, took gold in a time of 1:44.28. The men’s ‘A’ team came second in a 1:33.69 in their 200-yard medley relay.USC splashed into first place in almost every event, although they did fall short in the sprint freestyle events.UCSB’s All-American senior Anne-Marie May beat the Women of Troy in both the 50-yard and 100-yard free, while on the men’s side UCSB’s sophomore Chris Peterson out-touched USC’s fastest men in both events.“We told the team to throw out the times, as they were extremely tired coming off of their winter training camp,” assistant coach Jeremy Kipp said. “Instead to focus on good habits like fast turns, being disciplined in their race strategies and for the most part the team excited well.”Junior Clement Lefert dominated the men’s butterfly events, snatching first in both the 100-yard (49.42) and the 200-yard (1:49.41), followed by freshmen Justin DiFederico who took second place with a time of 1:51.14.Freshmen backstroker Alex Lendrum also swept his specialist events, out-touching the field in the 100-yard back with a time of 50.50 and winning the 200-yard in 1:49.38, with freshmen Brian Krump touching second (1:50.34).Sophomore Katinka Hosszu, who was recently named Hungarian Athlete of the Year, swept all three of her individual races, clocking a 2:00.22 in the 200-yard fly, a 2:02.33 in the 200-yard back and a 4:20.83 in the 400-yard individual medley. Junior Ellie Doran came second (4:25.50), followed by Schmitt (4:26.76).Both men’s captains posted individual wins, with senior James Martin dominating the 400-yard IM (4:01.41) and sophomore Pat White winning the 200-yard free (1:40.21). White also snagged second in the 500-yard free.Freshmen distance star Haley Anderson controlled the 1000-yard free where she went 9:55.65 and touched almost 20 seconds ahead of Doran who once again clocked the second fastest time of 10:14.81.Junior Lyndsay DePaul won the 200-yard free (1:49.08), while sophomore Ania Kowalcysk continued USC’s women’s breastroke reign when she touched first in the 100-yard with a time of 1:03.95.The men will hit the pool next this weekend at the SMU Invite in Dallas, while the women have a short break until they compete Jan. 29 against Cal at the McDonald Swim Stadium.last_img read more