look at the data, the top end of town is turning over more than the bottom end now.
the median is of what was sold, not what the going prices are. For example hypothetically prices could be falling, but if its just the top end of town being sold, then the Median report shows high prices.
Doesnt actually mean house prices are going up/down. But you will see the prop spruikers tell everyone their homes are now worth that extra % more. Just like the Dalek says, house's cost 20% more, when in fact, prices could have been stagnant for last 12 months. which is most probably the case considering number of mortgages sold are down every month now for a year.
