Released September 2015, the Pain & Gain Report is a quarterly analysis of homes which were resold over the quarter.
About the Report
The Pain and Gain Report is a quarterly analysis of homes which were resold over the quarter. It compares the most recent sale price to the previous sale price in order to determine whether the property sold at a gross profit or gross loss. It provides a proxy for the performance of each housing market and highlights the magnitude of profit or loss the typical seller of a home makes across those regions analysed.
- Dwellings losses over the quarter amounted to $411.3 million; an average loss of $65,585 per sale.
- Profit-making resales recorded a healthy $16.1billion, grossing owners…