The greatest source of misinformation about real estate – and the scourge of consumers trying to figure out what’s happening in markets across Australia – is generalisation.

And by that I mean, economists and other commentators speaking about Australia as a single market or about a major city as if there is just one scenario happening across the entire metropolitan area.

The Spring edition of The Price Predictor Index depicts a number of important instances where it pays NOT to generalise – because there are markets within markets.