Ever wondered about the reliability of real estate data? We're pulling back the curtain on auction clearance rates and comparing methodologies from different industry sources like Domain, CoreLogic, and SQM Research. 

Louis Christopher, a renowned industry expert, joins Peter O'Malley in this special edition of Current Market Insights, to discuss the possible reporting failures and the dependability of tools like CoreLogic's daily index. Together, they delve into the complex world of housing market data and give you a rare peek behind its intricacies.

The other half of the discussion centers on the intriguing theory of the mortgage cliff, its potential consequences, and the astonishing resilience of today's housing market. They dissect factors such as migration, housing shortage, and low-interest rates to make sense of what's driving the market. 

Simultaneously, they also shed light on potential risks, like the widening wealth gap in Australia and the serviceability buffer test. They wrap up with a fascinating exploration of the return of buy-and-hold investors alongside a thoughtful discourse on the high land taxes and strata rates they face. Join us on this enlightening journey as we uncover the hidden truths of the Australian housing market and wealth inequality.

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