  Nice to see the Reserve Bank considers the housing market here in Oz to be urlLink finally coming off the boil . Things have been nuts for a while now, especially here in Tassie. I was lucky enough to buy my first home 2 years ago, before things started heading up in a big way.
Things have been going north in the housing market all over the country for a while, but Tassie took a long time to catch up. Now that it has, it's just been crazy. We've done little to our place and when I had it valued last month, the bank valuation (as opposed to an agent's valuation) came in over double what we paid 2 years ago!! Of course, with established houses going up and up, building becomes a more attractive option, but the builders have been going off too, with some quoting in excess of $12,000 per square.
Chill out boys. As noted in an earlier post, we've just bought a block here in Hobart to build on, so hopefully the market continues to cool and we can get someone to build us our polehouse for a reasonable price. On another matter, I wonder if urlLink this bloke was a builder, seeing he had so much crack in his pants! 
