Sydney's annual price growth has gone no-where in past year: CoreLogic daily index
Sydney dwelling prices have gone nowhere in the past year.
That's according to the latest index which today shows 0 percent change.
The price momentum has been waning for months, and on Monday sat at just 0.5 percent growth.
Melbourne retains its place as the best performing capital city.
Sydney was leading around this time last year with 16 percent annual growth.
TUESDAY FEBRUARY 20
| CoreLogic Daily Home Value Index - 20.02.2018 |
| City (All Dwellings) | Today's Index Value | Change Day on Day | % Change Qtr on Qtr | % Change Yr on Yr |
|---|---|---|---|---|
| Sydney | 170.45 | -0.02 | -2.68% | 0.00% |
| Melbourne | 156.52 | -0.01 | -0.16% | +7.25% |
| Brisbane (inc Gold Coast) | 109.47 | +0.05 | +0.23% | +2.04% |
| Adelaide | 113.24 | 0.00 | +0.03% | +2.29% |
| Perth | 94.79 | -0.03 | -0.48% | -2.93% |
| 5 capital city aggregate | 144.45 | 0.00 | -1.26% | +2.29% |
MONDAY FEBRUARY 19
| City (All Dwellings) | Today's Index Value | Change Day on Day | % Change Qtr on Qtr | % Change Yr on Yr |
|---|---|---|---|---|
| Sydney | 170.47 | -0.09 | -2.73% | +0.05% |
| Melbourne | 156.53 | +0.01 | -0.15% | +7.28% |
| Brisbane (inc Gold Coast) | 109.42 | 0.00 | +0.17% | +2.03% |
| Adelaide | 113.24 | +0.03 | +0.04% | +2.35% |
| Perth | 94.82 | -0.02 | -0.44% | -2.88% |
| 5 capital city aggregate | 144.45 | -0.04 | -1.29% | +2.32% |
The patented CoreLogic Daily Home Value Index is part of the suite of housing market indices produced by CoreLogic.
Since the launch of hedonic home value indices in 2007, CoreLogic established a new quality benchmark for accurately measuring value changes across the Australian housing market.
The CoreLogic Daily Home Value Index aims to measure daily movements in the value of Australian housing markets.
Rather than relying solely on transacted sale prices to provide a measure of housing market conditions, the CoreLogic Daily Home Value Index is based on a ‘hedonic’ methodology which includes the attributes of properties that are transacting as part of the analysis. Understanding factors such as the number