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. To view the full report click here...