When you look at markets over a short time horizon, prices appear to be jumping around all over the place liked a crazed firework.
It's for these reasons that stories emerge of investors placing only a few thousands dollars in the index decades ago becoming millionaires many times over.
February property prices
The property price data for February will show that property values 'fell' marginally in all major capital cities except for Sydney - in the harbour city they continue to rise.
It's the old microscope versus telescope thing again. Over the past 12 months prices have risen almost everywhere - at least, they have in the capital cities.
Of course, market periodically experience corrections - sometimes sharp corrections - but trying to second-guess when they are is beyond most of us.