64eheh - in a weird way, both the housing data and the falling dollar are good news, especially for the sharemarket - IMHO.
The low dollar should make us cheaper all-around (we might even going to start to make some stuff again...), the very low interest rates will make the moms and dads less and less interested in leaving their cash in term deposits, so the we really should see monies flowing back into the market in a few months.
Same with housing: the less we build the more the need is going to be and once again, real estate will be the only other way - aside of shares - to make some monies.
Of course the above is outrageously simplistic, apologies.
