Home Resale

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<p><span>Some 11.4% of resold homes across Perth in the September 2015 quarter were sold for less than the previous purchase price, according to CoreLogic RP Data.</span></p>
<p><span>It was the highest proportion of loss-making resales since July 2012. </span></p>
<p><span>The 11.4% of resales at a loss is up from just 5% 12 months ago. </span></p>
<p><span>The Cottesloe and Peppermint Grove council areas recorded no resales at a loss over the quarter, while Serpentine-Jarrahdale (2.3%) was the only other region below 5%.</span></p>
<p><span> The highest proportion of loss-making resales occurred in the Perth (37.1%), Mandurah (23.6%) and Nedlands (20%) council areas. </span></p>
<p><a href="/images/2016/01/29/Screen%20Shot%202016-01-29%20at%2011.36.06%20AM.png" target="_blank"><span>Click to enlarge</span></a></p>
<p><span><img src="/images/2016/01/29/Screen%20Shot%202016-01-29%20at%2011.36.06%20AM.png" alt=""></span></p>
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