Core Logic-RP Data has released its Housing Pain and Gain report for the June quarter, which examines the proportion of sellers that achieved gains/losses on their properties based on the previous purchase price of the dwelling.
According to RP Data, the vast majority (90.9%) of properties resold over the quarter did so at a profit, with 30.8% of homes reselling for more than double their previous purchase price. By comparison, 9.1% of all homes resold recorded a gross loss when compared to their previous purchase price.
