As for the market cracking at the top end...not yet.
Photo: Sydney Morning Herald
Regular readers will recall that my previous market tip was the inner west of Sydney.
I have to confess that I'm not a big believer in market forecasts due to the huge number of unknown variables, but while ANZ Bank tipped 8% price growth in 2014, our forecasts were lower than practically every other source, as referenced by Commonwealth Bank here.
Excessive price growth would likely represent a headache for the Reserve Bank, so a steadier market would be welcoming news for the Board.