The property market always seems to evoke strong and conflicting responses from the experts. Some economists and pundits have been tipping Australian house prices to drop for the past decade or more.
The resilience has baffled many market pessimists with US Demographer Harry Dent the latest to predict a catastrophic collapse of up to 50% in Australian house prices.
Counter that with renowned local analyst Louis Christopher of Sqm Research who forecasts 20% growth in the Sydney market in 2014. It would seem that one of these experts has it seriously wrong.
Depending on whom you believe, now is the best time to sell up and exit the real estate market or its time to jump into the market with both feet.