Don’t fight the tape

front-cover-v3_460-300x200-1There’s an old share market adage, “don’t fight the tape” meaning trends remain in place and prices rise much longer than expected. The Sydney property market is no different. Twelve months ago property experts were calling an imminent top in Sydney property prices. August 2015 those same experts, the Reserve Bank included, are warning houses prices may fall and here we are 20% higher. I guess if you want to forecast future prices, do it often..
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