Sydney House Prices Down About $720 Since Yesterday. $2880 this week.
11.28% Since the Peak
This Saturday Core Logic released data showing a day on day drop of 0.11 index points, from 191.78 to 191.67. That’s about 0.06% or $721.
That’s $30.06 an hour, $0.50 a minute, or .8 cents per second of equity losses for an average Sydney house owner over the last 24 hours.
It brings the total for the week to $2880 — relatively modest falls when compared with recent weeks.
It brings the falls since the 13 February peak to 24.37 index points, 11.28%, or (conservatively) $158,218— an average of .09 index points, or $555 per day.
You can see how I sourced and handled this data in the video bibliography below. Let me know if you spot any errors!