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How does one interperit the findings,
eg, 2.4867 in the month just gone, does that mean a rise of 2.5 percent on overall price for that month?
May not be overly relevant - is there a way to go beyond 1980,say 50 yrs? I think some crude stats are available.
Spreadsheet attached with the lastest data, thanks to Residex. Headlines are Melbourne up 3.3% for the month (10.2% for quarter), Perth down 1.2% for month (but up 2.6% for quarter).
Another highlight is Sydney which has finally set a record price and exceeded it's previous peak from the last boom.
Enjoy
This is really useful, well done.
a suggestion, could you add graph(s) to this spreadsheet? i think it would be really helpful to see the price trends in a graphical form.
thanks
Very counter-cyclical performer is Darwin.
Ajax
The formula is correct, however there is a very small rounding error in the prices as the indexes only have 4 decimal places. The other thing that causes the difference is that Residex round the value $ figures off to the nearest $500.twitch
thanks go out for the ss however - i noticed in your formula for the prices they are referencing an end index of line 390 instead of the last line which should be 395 in your spreadsheet, your numbers are all slightly out,
correct me if i'm wrong, but the current prices should only be referenced to the lastest index in your case 31st october 2007, not 5 months previous,
can you confirm?
Unfortunately there is a 100kb file size limit and even without graphs and zipped up it's 99KbThis is really useful, well done.
a suggestion, could you add graph(s) to this spreadsheet? i think it would be really helpful to see the price trends in a graphical form.
thanks