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RP Data release the Pain and Gain Report, October 2014

14 Oct 2014 Christies Beach 0 Comment

16 Beatty Ave Christies Beach for sale. rent with Professionals Christies Beach real estate (1)

The RP Data Pain & Gain report is a quarterly assessment of realised gross profit and loss based on dwelling re-sales over the June quarter of 2014.

According to RP Data head of research Tim Lawless, with home values rising at a national level and mortgage rates and arrears low RP Data expects that the proportion of loss-making re-sales is likely to continue to trend lower over the coming year. In regional markets we expect coastal lifestyle markets to continue to slowly recover while resource centric areas may continue to see a rise in loss-making sales as commodity prices continue to fall along with mining employment. Download the Pain & Gain report.

Report findings at a glance:

According to Tim Lawless, the likelihood of making a gross profit or loss is quite different based on the length of time a property has been owned.

You can watch more on the Pain and Gain release with an interview with RP Data senior research analyst Cameron Kusher on news.com.au. Watch interview

Original article

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