Cycles Unveiled: Exploring Property Price Plunges at the End of the 18-Year Cycle
Shifts in the median price hide a lot. After all, the median is just the middle number of a bunch of sales. If the top end of the market falls sharply (as in most downturns), the median will come down somewhat — but the actual fall in property prices can be far more apparent. Read on for a breakdown of the recent 2022 downturn…