It's easy to time the market when you know what signs to look for. For example, here's a key report because it relates to future expectations and shows a peak in confidence - right after the peak in house prices;
Property price confidence hits record highs
Posted on Wednesday, May 05 2010
As demand continues to outpace supply, 76 per cent of Australians believe housing prices will continue to increase in the current quarter, according to the latest Bankwest/Mortgage and Finance Association Home Finance Index;
"Extreme opinions, shared widely, constitute the single most reliable indicator of an impending change of direction for a market. If virtually everyone is thinking one way, they have already acted." Robert Prechter.
