Connect with us

General

Pain & Gain Report released for the September 2014 quarter

Published

on

ADVERTISEMENT

A quarterly assessment of realised gross profit and loss based on dwelling re-sales over the September Quarter of 2014

The CoreLogic RP Data Pain & Gain Report is a quarterly assessment of realised gross profit and loss based on dwelling re-sales over the September Quarter of 2014.

Over the September 2014 quarter, 9.3% of all home resales recorded a gross loss compared to their previous purchase price. The figure increased slightly from 9.0% over the June 2014 quarter, but was much lower than the 11.0% recorded over the September 2013 quarter. The total value of these loss-making resales over the quarter was $383 million and the average loss was $62,246.

The data shows that the vast majority of resales (90.7%) recorded a gross…



Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Prayer illegal? In Australia? | The Spectator Australia
Adelaide Online News
Error Loading Site | 504 Gateway Timeout
SGI) shares explode 32% on acquisition news