Sydney House Prices Down About $200 Since Yesterday.
12.48% Since the Peak
This Thursday Core Logic released data showing a day on day drop of .03 index points, from 189.11 to 189.08. That’s about 0.02% or $196.89 of equity losses for an average Sydney house owner over the last 24 hours.
It brings the falls since the 13 February peak to 26.96 index points, 12.48%, or (conservatively) $175,033— an average of $561 per day for the last 312 days.
That’s $23.38 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!