The Delta
What the market was told, and what the records say
Each week we take the property story everyone is talking about and ask the same question of public records: what actually sold, who borrowed, what rents did. Then we say where the answer differs from the headline, and show how we measured it.
Read the latest: Sydney's sales fell far faster than its prices
Every issue
- Sydney's sales fell far faster than its prices 28 September – 4 October 2026
Allowing for the way the ABS revises its first count, Sydney house sales in the June quarter were about a fifth lower than a year earlier (−19.6% to −23.0%), while the median house price was 1.4% to 2.2% higher. So far the change is in how many homes change hands, more than in what they sell for. These figures end on 30 June, before the rate rise.
How it is made
Only public data we may republish: Australian Bureau of Statistics releases and other open government data, credited at the foot of every page. No figure is typed in by hand. Where our own measure is cruder than the headline index, the issue says so.
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What The Delta is not
It is general information about the market, not advice about any property, loan or investment. The latest quarter in most releases is preliminary and is revised later; each issue says which.