Hotrods, the market is tanking andvthe median continues to rise, my take on that is that those with houses worth a lot are bailing to protect themselves from what's around the corner, the biggest bubble to pop in the southern hemisphere.
I alluded to this a few days ago in another thread, top end suburbs are having multiples of the best houses sold in those post codes recently when normally 1 or 2 come on the market every 5-7 years.
The Smart Money is bailing out of Property big time!
It's a Sign what is coming IMO, they are protecting there capital!