The major capital cities are seeing property prices shoot back up thanks to interest rate cuts and an easing of lending buffers. With auction clearance rates back near all time highs, is the property downturn now well or truly over or will a new round of frenzied bidding result in more debt-fuelled instability.
In this episode, Adam Creighton, economics editor of The Australian pits noted bear Martin North, who believes property prices could fall as much as 40 per cent, against Nerida Conisbee, chief economist of realestate.com.au.
