syd auction cl rate unchanged, page-2

http://m.smh.com.au/business/spring-surge-blooms-as-home-buyers-dive-in-20111113-1ndq1.html

In the book of sayings, under the title 'Flogging a dead horse' there might be a picture of this writer. Senior economist of the Australian property monitors. It seems that it's not impossible that they may not be monitoring the property very accurately? Who knows..

There may be some threads of truth but I suspect related to vendors capitulating at lower prices. Clearance rates and activity can and will increase as the market accepts the market prices are falling. Everything mentioned in the article can occur but with prices going into reverse.