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  1. qonyx_sydney

    Corrections in other high demand / low supply markets... (lessons learned)

    Los Angeles http://www.trulia.com/real_estate/Los_Angeles-California/market-trends/ Peak Median - 2007 - $600k Correction - 2009 & 20111 - $320k Current peak - 2015 - $625k The correction here seems to be more severe and could argue that this would constitute a crash. However it has...
  2. qonyx_sydney

    Corrections in other high demand / low supply markets... (lessons learned)

    Nice response and i did a bit of digging around on SF and noticed that it hit a peak of ~$800k in 2007 and dropped to hit a floor of ~$600k in 2011 & 2012. Whilst this is a reasonable correction - i would hardly see this as a market crash. You will note that it has since recovered and is...
  3. qonyx_sydney

    Corrections in other high demand / low supply markets... (lessons learned)

    I'm interested if anyone has any links or articles to other high demand / low supply markets like (ie. Hong Kong, London, New York, San Francisco, Vancouver) that could articulate the details of any correction phases that these property cycles go through. -What was the average percentage...
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