Sydney House Prices 17/10/2015: Average 3 bedroom house now sells for $1,248,438 (up 0.09%)

All this doom and gloom about house prices, but clearance rates don't tell the whole story in my opinion. Expectations of house sellers are still sky high. While clearance rates have dropped, prices still rising, even in the unit market. I think we will need some more consistent low clearance rates to really see some price drops.


Stats as usual below.

House	Type		Sample	Average	Min	Max	Change
Average	2 Bedroom House		594	1,144,954.20	1,111,704.24	1,178,204.16	0.18%
	3 Bedroom House		2357	1,248,438.78	1,228,324.06	1,268,553.50	0.09%
	4 Bedroom House		1806	1,460,322.18	1,429,367.36	1,491,276.99	0.04%
Unit	Type			Average	Min	Max
	2 Bedroom Unit		1614	829,066.84	813,645.40	844,488.28	0.23%
	3 Bedroom Unit		687	1,129,486.08	1,090,351.68	1,168,620.49	0.05%