Sydney property market according to Corelogic’s report

Here’s whats happening in the Sydney property market according to Corelogic’s report: 

The report provides a detailed analysis at different levels of Australia’s property market by dividing the market into ten equal groups (or deciles) based on tiers of property value.
By analysing changes in dwelling values across each decile, the report identifies which parts of the market are over or under performing relative to the headline trends, summarising property market conditions nationally and across each of the capital cities.
Dwelling values in Sydney have fallen over the three months to April 2018 as well as being lower over the past year.
In fact, Sydney dwelling values recorded an annual fall of 3.4% which is their largest decline since April 2009.
Sydney dwelling values are now -4.3% lower than their July 2017 peak.
Despite the recent decline, Sydney dwelling values remain 58% higher than they were five years ago.
Over the past three months, the 1st decile, which represents the city’s most affordable housing stock, was the only segment in which values did not fall.