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Given that the IMF tends to be on the pessimistic side (especially on house prices being overvalued), and that they are now forecasting growth for Australia to be above 3%, I'd like to know why people think that we're going to have a recession. From my basic understanding, we are still riding...

Quartile are acting as sales agents for developers. The properties they are marketing at the moment are in Sydney. They have an interest to push a bullish perspective, ignoring the bearish signals. Cheers,

At 4.5% yields, it still is 50% cheaper to rent than to own (you need to consider council rates, building insurance, maintenance costs, ...). You need to be very motivated to buy. Who would want to buy when they think prices are heading down? The newspapers will soon be reporting that house...