I had received an email the other day from a mortgage broker. There was a little bit of interesting reading and some interesting conclusions to be drawn from a few of the points made: 1. 9.7% of Australian properties resold over the final quarter of 2013 sold at a loss, down from 12.6% of sales a year earlier. Across the combined capital cities, 6.5% of sales were at a loss compared to 9.8% a year previous (RP Data). Based on these stats, then there has been a reduction in the number of loss-making resales. 2. The total value of these losses nationally was $457 Million, meanwhile $15.2 BILLION in profit was realised over the quarter (RP Data). It goes without saying, that if only 6.5% of national sales were at a loss then the profit figure is going to be much larger. 3. 71% of potential first home buyers think the Australian dream of owning your own home is realistic, up from 67% in September 2013 (Genworth). Would a change of government have had any impact on this? 4. 42% of Australians believe now is a good time to buy a home. However, well over half of the existing property investors believe that now is a good time to buy (Genworth). Do we take this with a grain of salt? The company providing mortgage insurance is backing consumer confidence (a measure of how they rate themselves and their risk possibly?) 5. The average hold period of loss making sales was 5.3 years, while the average hold period of profit making sales was 9.9 years (RP Data). Is the moral of this story to hold out for longer to realise the profit or that those who sell in a short period are likely to make a loss? 6. The regions with the highest proportion of loss making re-sales were: Regional Qld (23.7%), Regional WA (19.3%), Regional Tas (18.0%) (RP Data). The regions with the lowest proportion of loss making re-sales were: Sydney (3.6%), Perth (4.3%), Melbourne (6.0%) (RP Data). The cynic in me makes me read this as where "not to buy", "don't believe all of the hype" - there must be some who make money ie the early adopters but the rest miss out when they cash out. Also goes to sustain the argument that there is little capital growth in regional areas. It goes on to back up that capital cities are a better investment for those seeking capital growth. What if your strategy isn't capital growth ie buying cf+?