http://www.news.com.au/business/money/story/0,28323,25027332-5013951,00.html
Of course, news.com still managed to get it wrong . 71% clearance rate was in Sydney just before Christmas (when news.com said it was 42%)
Now it is 78%. Look at:
http://www.homepriceguide.com.au/saturday_auction_results/sydney.pdf
It is far beyond definition of property boom (60% clearance rate.)
Hope I do not have to explain here that all normal property booms start from Sydney (Not from Perth) and then ripples spread to the rest of the country.
Of course, news.com still managed to get it wrong . 71% clearance rate was in Sydney just before Christmas (when news.com said it was 42%)
Now it is 78%. Look at:
http://www.homepriceguide.com.au/saturday_auction_results/sydney.pdf
It is far beyond definition of property boom (60% clearance rate.)
Hope I do not have to explain here that all normal property booms start from Sydney (Not from Perth) and then ripples spread to the rest of the country.