On the other hand, there are mixed reports about the US & China trade disputes as US to initiate the extradition procedure of Huawei executive, Meng Wan zhou, from Canada, and US declined direct meeting two Chinese minister for the following up trade talks.
Markets reacted negatively as a consequence and profit taking was the call as markets had been a bit bullish since early January, led by US.
Besides, Brexit Plan B plan proposed by Theresa May was poorly received. Markets said it was just a repeat of the original plan with little changes. No obvious structural and creative idea could be detected.
Turning back to Australia’s property market for a while, recent report suggested Aussie property markets had fallen 10% from its new height in early 2018, the worst performer among all mature markets over the world. So what's the prospective of the Australian property market today? A senior real estate agent, Daniel Chang, will analyse the situation and share his view on this issue.
