Attached is a link the property institute's annual survey results. They poll the various institutions involved in property about where they think things are at in the market cycle for various sectors and then their forecasts for the next 2 years. Makes interesting reading. In the respondents' opinions residential looks like it be only approach upswing in 2008 for both Sydney and Melbourne, with Brissie in a bust at that time. Who knows whether these guys have better crystal balls than the rest of us...but food for thought. http://www.propertyinstitute-wa.com/files/files/4445be9db7773_API Survey Report April 06.pdf Anyone else have a view? Cheers N.