Sydney House Prices Down About $390 Since Yesterday.
--
This Tuesday Core Logic released data showing a day on day drop of .06 index points, from 193.71 to 193.65. That’s about .06% or $390.
It brings the falls since the February 13 peak to 22.39 index points, 10.36%, or (conservatively — since the index includes apartments, which are falling more slowly) $145,363 — an average of $557 (.09 index points) per day.
Note: this is a downwards revision of previous estimates of dollar value falls, which were calculated using a mix of CoreLogic and Domain data. An article correcting these previous estimates has been published.
You can see how I sourced and handled this data in the video bibliography below. Let me know if you spot any errors!