Residential property prices could spike by 15 per cent, page-19

Depends on the property somewhat and your personal situation . If you are a long term investor in quality property and the goal is wealth creation , why sell ? The selling costs and taxes take a fair slice . That's also assuming that you didn't need the money or have something else decent to put the money into .

That said , if we were experiencing significant unemployment increases or population reduction , then yes , I would sell . Otherwise I'd prefer to ride it out .

If it was cyclic property e.g. beachfront holiday house stuff , definitely sell .

I think it would take a stockmarket run in order to get a real property bubble going . I would use the stockmarket to guide me to when to bail .