Hotspotting Podcast | Episode 37: Monthly Changes in Prices - March 2018

Posted on 27/03/2018  
Hotspotting Podcast | Episode 37: Monthly Changes in Prices - March 2018

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Terry Ryder from Hotspotting discusses the misleading month-to-month price data that you should ignore.  

In this episode Terry covers:

  • The dangers in reading too much into short-term house price changes
  • Analysis of recent month-to-month price data and the media's misleading reporting of it
  • Evidence that monthly changes in house prices are erratic, confusing and ultimately meaningless
  • Case study of Melbourne where a price report for November 2016 claimed Melbourne house prices had dropped 1.3% and media shouted that the boom was over; however the following month after a 3.3% rise was recorded the media reported that the boom was back on. 
  • Further examples of the media's mis-reporting on real estate data
  • How rises or falls of 0.1% across a month are meaningless statistical aberrations


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