Where is Perth on the Property Clock?
Do you ever wonder if we are in a rising market or a falling market or are we just flat lining.
I have always been interested in cycles and in my opinion in some way or another everything goes in cycles.
– The Weather
– The Stock Market
– The Property Market
Just a few examples, so where are we in the Western Australian Property Market?
Is it a good time to buy?
Is it a good time to Sell?
I think the property market is always a great investment.
Michael Yarding has a great blog post about the property clock and where he thinks we where at December 2014 he says
“When I started out in this business, very few talked about the property cycle or its now common reference point, the “property clock”.
I was one of the first to start using such a tool back in my real estate agency days.
But over the last twelve months, if I had a fiver for every time someone asked me what position we are on the property clock, I would have two skyrockets full of foldings by now.”
It is a great post and to read the rest of the post click here
I hope you get something out of the post I certainly did
All the best
The Geraldton Property Inspection Team