Sash has called a "severe correction" in 2018 - 2019.
Using the Domain report the Sydney median houseprice at December 2014 was $873,786.
http://www.domain.com.au/public/guides.aspx
Using this as a base what change do you expect in the Sydney median property price after the correction has occurred ?
The price will go up from the December 2014 median and then come back down when there is a correction - some example answers :
Up about 15% = $1,000,000 median after the correction.
0% (Unchanged) = $874,000 median after the correction.
Down about 15% - $750,00 median after the correction.
I have made this a public poll.
Using the Domain report the Sydney median houseprice at December 2014 was $873,786.
http://www.domain.com.au/public/guides.aspx
Using this as a base what change do you expect in the Sydney median property price after the correction has occurred ?
The price will go up from the December 2014 median and then come back down when there is a correction - some example answers :
Up about 15% = $1,000,000 median after the correction.
0% (Unchanged) = $874,000 median after the correction.
Down about 15% - $750,00 median after the correction.
I have made this a public poll.