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http://www.rs.realestate.com.au/cgi-bin/rsearch?a=ars Why not use RP Data results at 57.5% ? Different results from different sources on supposedly the same events (auctions). If there is a discrepancy then which source do you use? For such an important indicator I would have thought we have...

Correct, auction reporting figures are unregulated and as such an unreliable method of deeming market conditions. :)

It will be interesting to see how they go.

This is impossible. I earlier explained to you I would rather pay an additional 5% from the bottom. You need hindsight to actually recognise when you have transpired the bottom of the cycle. I believe we earlier agreed neither of us could pick the bottom. If it will help you out i'm happy to let...

I can't pick the bottom, no one can, but....I 'd rather pay and additional 5% in purchase cost from a proven bottom than buy in say 10% prior to the actual bottom of a cycle. We are not there yet and talk of rushing should not be bandied about in this market :)

From Property Observer 25-10-2012: Wow $24k in one year...no need to hurry here folks!