In Auckland the median loss was $75,000, and the median gain was $338,000.
亏损平均持有时间为3.7年,盈利平均持有时间为9.5年
The median length of ownership for properties sold at a loss was 3.7 years, while the median length of ownership for properties sold at a profit was 9.5 years.
Across the entire country, the median loss on properties that sold for less than their previous purchase price was $50,000, while the median capital gain on those that sold for a profit was $270,000.
Cotality found 12.2% of resales in Q3, excluding new properties being sold for the first time, were sold for less than their previous purchase price, leaving their vendors with a loss.
That's up from a peak of just 0.7% of loss making resales at the height of the last property boom in the fourth quarter (Q4) of 2021, and means loss making sales are running at their highest levels since the second quarter (Q2) of 2013.
Conversely of course, 87.8% of resales in Q3 this year were made at a profit for their vendors, although that was the lowest level of sales making a capital gain in the last 12 years.
Loss making resales were greatest in the Auckland Region, where nearly one-in-five (19.3%) of resales were made at a loss in Q3 this year.