Well with the auction year now under way and with the still less than 500 auctions you would think we may get a small snap shot into what is going to occur over the coming year.

With a clearance rate of 74% achieved from 457 auctions conducted we can safely say the market has picked up from where last year left off.

I still feel we are hearing to much doom and gloom about the positives and not enough focus on the pockets and areas that may or will struggle over the coming time.

I think a lot of people in the media like to cherry pick what they report on depending which axe they have to grind.

One thing we never here mentioned is the performance of new housing estates where so many first homebuyers are encouraged to purchase and how many people actually have negative equity.

Keep an eye out for my video on this during the week.