More heat left in the market: Trass

"We’re well and truly into the heat of the boom. We’re in that mid-phase of the boom and we’re about to enter the phase which is the final chapter," Trass says.

That’s when the market will inevitably over-heat.

Some might think, looking at how some properties are selling within days of coming on the market, that we might have already reached that point. Trass suggests that’s not even close to what was happening during the peak of the mid-1990s boom.

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