For the record....this is exactly what I am hearing...to top it off some of the developers have stopped releasing unregistered land with a 10% deposit. They think they will much more for it in 10-20%. These guys aren't dumb..if this is what they are doing....you can imagine what is going to happen from a demand perspective for the man on the street as they see prices rise and people jump in.
Havnt seen developers stopping releases round my parts, but have seen prices for staged releases increasing each new stage.
alot of new land releases in the south east of melbourne are selling land which is titleing in March next year and it is getting gobbled up with the demand for it...i dont know how this compares to other states though,