Perth, regional Queensland alone in property clock's growth phase
The timing is right for only one capital city property market, while for the others the clock seems to be ticking on a significant period of decline, according to Michael Matusik's property clock.
Perth's property market stood alone among the country's capital cities on the property clock. (Image source: Shutterstock.com)
The property clock is an often used - yet simple tool - to display where select markets are positioned in the housing cycle.
I have been using my version of the property clock for close to three decades and have found it is an effective way to display the comparative heat in the housing market.
Most people can understand the clock and it is a tool worth incorporating in a discussion about the housing market.
There are four phases in the housi…
