most responding to this thread, ought to be embarrassed, or ashamed of themselves
given that the median value used, is based on comparing sales...from a million dollar house, to a little fibro shack, then picking the middle sale, to find the median value....
as compared to the previous month, or quarter sales, when either the million dollar pad was missing
or the fibro shack was missing from the sale....
which would distort the current figure
and this humungeous difference, which distorted the sales for the period....to reveal a miniscule drop of 2%.....
and some are celebrating this as a victory, as confirmation....of the 'bears might fly' scenario
you are joking, surely....you really must be kidding yourselves...
you cannot be serious....
can you...???
obbiously some are serious...
hahahahahahaha
go on...pull the other leg...
ps I do hope one has a Plan B ready, or god forbid,
a Plan C
because making the zillion on the stock market, in order to pay cash, at a 50% discount, for the million dollar house,....... is looking rather perilous ATM
I do wish you all well, and a fabulous killing in whatever market, you choose to invest in
cheers
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