Sydney House Prices Down About $520 Since Yesterday.
12.47% Since the Peak
This Wednesday Core Logic released data showing a day on day drop of .08 index points, from 189.19 to 189.11. That’s about .04% or $524.82 of equity losses for an average Sydney house owner over the last 24 hours.
It brings the falls since the 13 February peak to 26.93 index points, 12.47%, or (conservatively) $174,838 — an average of $562 per day for the last 311 days.
That’s $23.42 per hour ( 39 cents per minute, .7 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!