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Agreed. The median is defined as the price where 50% sell above and 50% sell below. Thus I cannot see how 62% of sales can be below the median price. Maybe John was trying to say that 62% of sales were below the median price for the month before? And as perky29 points out, this...

Perky wrote: 'since when was Sydney's typical priced property at 780k???' Maybe he was talking about northern beach areas, though this is not clear in the article. The use of the word 'carnage' is interesting. So what if a seller gets only 100% capital gain and not 130%? My feelings...