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http://www.theage.com.au/business/rba-rate-rises-hit-home-20100112-m3lu.html

Hi BV, I think it is data for the whole of Australia. I'm not sure whether it includes all lenders. You make a good point regarding December traditionally being a quieter month (along with January) which may account for the sharper drop off in the last month or so. Will be interesting to see the...

Doesn't look like investors are stepping in to replace FHB as being suggested by many.

Interesting article in one of Melbourne's papers today regarding debt levels. http://www.heraldsun.com.au/money/credit-binge-sets-new-debt-record/story-e6frfh5f-1225813873280 "Economists fear 2010 could see a slowdown in Australia's anaemic economic growth, and possibly even a contraction into...

I don't think I made any mention of US mortgage rates at 0%. I was referring to current official US interest rates at 0.25% (compared to a current official Australian interest rate of 3.75%). Refer to http://www.fxstreet.com/fundamental/interest-rates-table/. In any case, the actual figure is a...

. Even a small hiccup in China's economy/growth may have significant impact on our economy and unemployment rates. I agree, at present all looks quite rosy with unemployment levels seemingly near or past their peaks and much lower than originally predicted 12 months ago. The property market in...

If the economy got any worse resulting in a significant increase in unemployment, no matter how low interest rates are (even near 0% like in the U.S.) there would be an increase in loan default rates and resultant pressure on house prices. The real X factor for the property market is the...

Although it is impossible to really know, my gut feeling is we are currently in the denial stage also. Just look around us - most of the Western world such as the US and most of Europe are no doubt currently in the fear and capitulation stage and have been so for the last 12-18 months. In...

Hmmmm. Rising interest rate cycle. Very fragile global economy in tentative recovery mode. Withdrawal of artificial government stimulus. Not sure we are at 8.30-9.00 on your chart. Maybe 12-1pm. Next 6-18 months will be very interesting. Not saying there will be massive drops, but perhaps a...

What stage do most people think we are in the cycle right now?

You have summed it up perfectly Neophyte.

I tend to agree there is more downside risk than upside risk for the property market for 2010. Time will tell.