The proverbial hits the fan in Canada, will Australia follow?

Canadian housing bubble pops:

SMH's lead story is that Sydney house prices are down for the first time in eighteen months.  Admittedly, only by an average of 0.1 per cent.  With most major lenders now in agreement and raising interest rates again, once a price drop combined with low auction clearance rate, starts it may gather momentum at a breath-taking speed.

Popular posts from this blog

No Yaz for me

Coffee on a cool Saturday morning

Gratitude on a hot winter's day