Sydney House Prices Fell About $861 Today.
This Saturday, Core Logic data released showed a day on day drop of 0.13 index points, from 200.84 to 200.71 a fall of about 0.064%. Data from earlier this month shows house prices in Sydney average $1,346,193 meaning that in dollar terms, the fall is equivalent to about $861.
That’s about $35.90 an hour, 60 cents a minute, or 1 cent per second of equity losses for the average Sydney house owner.
You can see how I sourced the data for this in the video bibliography below. Let me know if you spot any errors!