from maglincer ""Can you read? It says the AVERAGE across Australia which means some are higher and some are lower. Did you pass high school"" if i were you i would do some serious research on property-and the calculation of the mean--that one will come back to haunt you just out of curiosity why do we usually talk about median house prices for a particulay area as opposed to mean-(here is a hint look up the word outlier)--cant wait for your reply now we shall point out the ineptitude of a couple of posters here(including me it would seem) http://www.sqmresearch.com.au/SQM%20Research%20Media%20Release%20Vacancy%20Rates%20June%202012.pdf we see that of 8 capitol cities 6 are below 2%--certainly sheds a poor light on mr sero post---but i must admit sydney is around 1.9%(was 1.5% up to 1.7% in may) which mr sqm puts down to seasonal so he wasnt out by 25% in sydney in july so there is a free kick fellas----but remember 6 out of 8 are still below mr ryders 2% including sydney which still makes his figures crap-- sydney will be back closer to 1.5% than 2% very soon and remember 64% clearance rates--pmsl 64% clearance rates in sydney is interesting---just as an aside---apparently a few overseas hedge funds are getting panicky as our dollar falls and clearance rates pick up terrible time to be short the banks
