The weak property market has finally turned around?

HOUSE prices in Australia’s capital cities leapt 1.4 per cent in September, suggesting that recent rate cuts by the central bank are buoying the market. The finding in the latest RP Rismark Home Values Index, released on Tuesday 02/10/2012, was the largest monthly increase since March 2010. On a quarterly basis, house prices in the …

Property bubble? 24% overvalued prices? – This is the best study on Australian property market!

There is no property bubble, but property prices are more than 24% overvalued. According to an article from SmartCompnay, Goldman Sachs’ chief economist Tim Toohey has made an extremely valuable contribution to the Australia property bubble debate. In his recently released comprehensive report, A Study On Australian Housing: Uniquely Positioned Or A Bubble?, he took …