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!

--

--

I sell mirrors in the city of the blind. www.writeinstone.com

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store