At the moment is correcting, its good sign, means property rise is healthy. Since 2004, the cycle is always up massively - then small correction, up massively -then small correction. In the past decade the overall trend is always up, this is what we call a big picture.
Why is that so? simply because Australia is a breeding nation. OZ is no:1 migrant & refugee destination who believe in the more we give birth the more we get freely. Thanks to baby bonus, parental payment, free medical, free education...... if you don't up the ante, you'll lose out big time.
