When home loan approvals are up for a few months, that means the trend will continue upwards and onward. Hence a positive for property.
However, when property prices are down for a few months, that means the shortly the trend will reverse, as a short term decline is just a "buying opportunity".
I trust you see the internal contradiction above?
Did smart investors buy property in the US or Japan after 4 months of declines from the peak haha
