property crashing!!, page-37

Calm down. 75% is considered a healthy clearance meaning 68% is not VERY GOOD. I suspect there's been a lot of sellers waiting on the sidelines waiting for conditions to improve. That doesn't equate to price gains, that means you get a sale and somewhere near what you want or a little more or less. Five rate cuts in 12 months the market had to show some life. It has a pulse thats good news for those fearing a crash. It's not a time to dive in boots and all. We've had 5 months of silence over Europes debt concerns and the Sharemarket jumped 20%. The media can get on a roll on these things and the optimism disappears. It affects property purchases as much as it does equities.