As we thought, the rumour of a new record price for Sydney prestige property that we reported in our 17 September 2008 article “The prestige property market in Sydney. Is now a time to buy?” was accurate. The confirmed figure is $47 million for
Read MoreFrom the beginning of 2008, the financial press has been an unending stream of bad news about the sub prime crisis, asset write downs, savaged equities markets, the collapse of the US residential market and the prospect of worse to come in global
Read MoreLooking for guidance as to the likely direction of prestige property prices in Sydney?One of the most popular of these projections is the comprehensive “Spring Property Guide” compiled by Australian Property Monitors and published in early Se
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