the property market will fall but when is anyones guess. If interest rates drop, and they will, there won't be many people re-nigging on their loans and therefore the banks will be doing very well indeed and the expected drop in value may be some time away. ATM the trend is up and strongly so. The ASX hitting and then falling below 3040 is significant i think and maybe a turnig point. Above 3040 becomes very bullish for me. Window dressing possibly but if that was the case wouldn't that happen every year ? Retrospectively it didn't happen last year and that was worse then this year so . . . . To me the market is balancing on a razors edge and will fall one way or another. I think it will fall on the downside with bears winnning but then again i think most of us thought that interest rates would start to climb ! This market is a dangerous beast ATM and is very hungry for our cash. Be careful
