As with almost all statistics I was planning to use them in the context of past results to look for trends and general market sentiment. I recognise all the issues you state regarding these statistics Of course, as with any stat, its not the be all and end all, just another indicator to use. 

One thing I really like about forums is the ability to…[Read more]

Thanks for your replies.

Ok, interesting. I would have thought there would be relatively reliable statistics out there. Do you feel that they are unnecessary in evaluating a location? 

Catalyst, I am interested in Auction Clearance Rates to get an appreciation of the market in certain areas, and for different property types. You say there is a…[Read more]