Unit Owners Selling Their Properties Are More Likely to Record a Loss Relative to Houses

CoreLogic’s recently released Pain and Gain report highlighted a growing divergence between houses and units for loss making resales. Unit markets recorded a higher proportion of loss making resales relative to houses across every broad region of Australia over the June quarter.  

The latest CoreLogic Pain and Gain report provides a summary of gross profit and loss making resales across the country. The results show a consistent and long underperformance across the unit sector, and…