Do you think Sydney house prices are falling?

After three years of solid price growth, home values in Sydney are now falling, data released on Tuesday shows.

Dwelling prices fell 1.4 per cent in November, resulting in a 1 per cent drop over the past three months, according to the CoreLogic RP Data Home Value Index released on Tuesday.

Houses were hardest hit – falling 1.4 per cent over the quarter, while units bucked the trend increasing 0.6 per cent.

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