National valuation firm & research house Herron Todd White (HTW) have just released their ‘National Property Clock’ for June 2015.
The ‘simple broad brush’ analysis tool suggests where various property markets are at relative to their timing in the property cycle, as well as what direction prices are heading in.
Click the image to expand!
According to HTW, it would appear that Brisbane and Melbourne are in a Rising Market phase of the cycle, Sydney has topped out and Perth is in a Declining Market; largely attributed to the decline in the mining & resource sector.
See the image above for further detail!