Sydney House Prices Down About $130 Since Yesterday.
12.49% Since the Peak
This Friday Core Logic released data showing a day on day drop of .02 index points, from 189.08 to 189.06. That’s about .01% or $131.28of equity losses for an average Sydney house owner.
It brings the falls since the 13 February peak to 26.98 index points, 12.49%, or (conservatively) $175,162— an average of $560 per day for the last 312 days.
That’s $23.32 per hour ( 39 cents per minute, .6 cents per second), 24 hours a day.
You can see how I sourced and handled this data in the video bibliography below. Let me know if you spot any errors!