G'day
As the heading suggests this is probably one for the valuers or more specifically the Herron Todd White Valuers, but the general HTW April month in review will probably be of interest to investors alike so thought I would post here anyway.
http://htw.com.au/Month_in_Review/Month-In-Review-April-2012.pdf
So i've noticed a disparity in a few of the property clock/market indicators from various organisations of late and so while reading the chart on page 44, it made me think: How can Sydney units be in the 'declining market' stage of the property cycle, but also have properties selling above their potential resale value happening on a 'very frequent' basis? Surely the latter contradicts the former, or is my analysis paralysis finally getting to me?
As the heading suggests this is probably one for the valuers or more specifically the Herron Todd White Valuers, but the general HTW April month in review will probably be of interest to investors alike so thought I would post here anyway.
http://htw.com.au/Month_in_Review/Month-In-Review-April-2012.pdf
So i've noticed a disparity in a few of the property clock/market indicators from various organisations of late and so while reading the chart on page 44, it made me think: How can Sydney units be in the 'declining market' stage of the property cycle, but also have properties selling above their potential resale value happening on a 'very frequent' basis? Surely the latter contradicts the former, or is my analysis paralysis finally getting to me?