6 | New Zealand Pain & Gain Report July 2017 © Copyright 2017. CoreLogic NZ Limited (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsisting in this publication including any data, analytics, statistics and other information. All rights reserved. There are reasonable differences between the main centres across the country when it comes to the proportion of loss-making resales, both recently and historically. Auckland has experienced a very low proportion of loss-making sales since 2014, while the other main centres in the North Island have only seen the same trend over the last 6 quarters. In the latest quarter Hamilton saw the lowest proportion of loss- making sales at 0.6%. 1997 2002 2007 2012 2017 10% 20% 30% 40% Auckland Hamilton City Tauranga City Wellington Q1 2017 Q4 2016 Auckland 1.3% 1.2% Hamilton City 0.6% 1.1% Tauranga City 2.5% 3.8% Wellington 1.3% 2.4% Christchurch City 7.9% 6.9% Dunedin City 2.7% 1.5% Proportion of total resales at a loss