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Pain and Gain Report

Profit & Loss board
Almost one-in-eight residential property sales in Q2 was loss making
The percentage of residential properties selling at a loss has increased to 13% from less than 1% in 2022, Cotality says
by Greg Ninness
9
The percentage of residential properties selling at a loss has increased to 13% from less than 1% in 2022, Cotality says
Price reduced sign
More than one-in-10 residential properties sold in Q2 sold for less than their purchase price
More than one-in-six residential property sales in Auckland in Q2 was loss-making
by Greg Ninness
5
More than one-in-six residential property sales in Auckland in Q2 was loss-making
Older couple worried about finances
Just over 9% of residential property sales Q1 this year were made at a loss, with 14% of Auckland sales loss making
The percentage of residential properties being sold at a loss continues rising
by Greg Ninness
10
The percentage of residential properties being sold at a loss continues rising
Snakes and lladders baord
More than one in 10 residential properties sold in Auckland being sold at a loss
Number of residential properties selling at a loss at its highest point since 2015, CoreLogic figures show
by Greg Ninness
101
Number of residential properties selling at a loss at its highest point since 2015, CoreLogic figures show