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Oh and do think that prices have come off the boil from the early 2010 highs by around 5%-10% in the areas I am involved with (Camberwell, Canterbury, Hawthorn etc). This is not evident across all the properties sold though.

Hobo, there were over 1000 auctions yesterday, a record for June. May and June have had massive auction numbers with July and August predicted to be very quiet. The heat has definately come out of the market, however this has been influnced greatly by high stock levels. With this being a...

urban your posts are starting to get really annoying

In my areas there has been a big increase in supply. Whether this is a short term factor or not will remain to be seen.