ANALYSIS: Don't worry (or get too excited) about falling house prices, it won't last forever
The median house price is the middle. If Australia had 100 properties, the value of number 50 would be the median. .
We focus on the median house price in cities and regions because it's a marker of where a place's real estate sits. But it's not the best marker. The other element that the median price ignores is volume, the number of properties on offer for sale. When prices are low or falling, people only tend to sell for three reasons: death, divorce or moving to Denver. .
The new numbers from property data firm CoreLogic showing broad falls that might have you sweating. Chill.
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