{"id":16047,"date":"2019-01-02T14:57:07","date_gmt":"2019-01-02T01:57:07","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=16047"},"modified":"2019-01-02T14:57:07","modified_gmt":"2019-01-02T01:57:07","slug":"sydney-home-prices-fall-by-biggest-margin-in-36-years","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/sydney-home-prices-fall-by-biggest-margin-in-36-years\/","title":{"rendered":"Sydney home prices fall by biggest margin in 36 years"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0Sydney home prices have been falling. Picture: Destination NSW\u00a0<span class=\"image-source\"><em>Source: Supplied<\/em><\/span><\/strong><\/p>\n<p>Sydney\u2019s real estate downturn has been accelerating, with the market today claiming a new record and one analyst warning sales could also take an unexpected twist in February.<\/p>\n<p class=\"description\">It has been a catastrophic summer for the Sydney housing market.<\/p>\n<div class=\"story-content\">\n<p>New housing data released today has revealed prices fell by a whopping 1.8 per cent over December, an acceleration of the 1.4 per cent drop recorded over November.<\/p>\n<p>It meant the total fall in prices for 2018 was 8.9 per cent \u2014 the largest yearly decline in values since January 1983.<\/p>\n<p>An average Sydney home now costs $808,494, the same it did in August 2016, according to the CoreLogic Hedonic Home Value Index.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/sydney-home-prices-fall-by-biggest-margin-in-36-years\/news-story\/04e81bedb4de966a6a06fa837a1c656d\">NEWS.COM.AU<\/a><\/p>\n<p><a class=\"twitter-timeline\" data-width=\"1200\" data-height=\"1000\" data-dnt=\"true\" href=\"https:\/\/twitter.com\/propertynoisenz?ref_src=twsrc%5Etfw\">Tweets by propertynoisenz<\/a><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<\/div>\n<p>https:\/\/www.instagram.com\/p\/Br0qMFVFsGD\/<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"VACnzteFSM\"><p><a href=\"https:\/\/propertynoise.co.nz\/au\/advertisingrates\/\">Advertising Rates<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cAdvertising Rates\u201d \u2014 Property News Australia\" data-src=\"https:\/\/propertynoise.co.nz\/au\/advertisingrates\/embed\/#?secret=oBIMkMkRZP#?secret=VACnzteFSM\" data-secret=\"VACnzteFSM\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0Sydney home prices have been falling. Picture: Destination NSW\u00a0Source:<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/sydney-home-prices-fall-by-biggest-margin-in-36-years\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":16048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098730,478098512,478098521,478101957,478098519,478098535,478098556,478098513,478099125,478098579,478098514,478098511,478098509,478098536,478101384,478102923,478098618],"class_list":["entry","author-data123nz","post-16047","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auctions","tag-australia","tag-australians","tag-corelogic-hedonic-home-value-index","tag-home-ownership","tag-house-prices","tag-nsw","tag-property","tag-property-crash","tag-property-market","tag-propertynoise","tag-real-estate","tag-real-estate-news","tag-sydney","tag-sydney-home-prices","tag-sydney-housing-market","tag-sydney-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sydney home prices fall by biggest margin in 36 years - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/sydney-home-prices-fall-by-biggest-margin-in-36-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sydney home prices fall by biggest margin in 36 years - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"&nbsp; PHOTO:\u00a0Sydney home prices have been falling. 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