The market in Melbourne has ran very hard these two weeks. Not picked up by the media yet, but this is consistent in areas I look and also consistent with areas I don't look my my friends do.
Ridiculous uplifts not seen since the early 2000s.
I work in real estate in the inner north - Carlton, Fitzroy, Parkville etc and I don't think the market has run hard in the last 2 weeks at all. Even if it has picked up, which I don't think it has, it is off the back off extremely low stock levels.