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I never voted on the original poll for this but my vote would be 'no'. Why? I think the wildcard of the APRA/lender rules coming in to play in April, will take a couple months to wash through; then come July/August, we will start to see the effect of that. Most local buyers - ppor and investor...

It is also strange that The Blue Mountains and the Central Coast have been included in the 'Sydney' study. Isn't that taking the Mickey?! I.e. by adding another 100 or so suburbs that these two areas effectively add; and with both CC/BM having far less $1million+ suburbs; aren't the data source...