Thanks for that No6.
House prices here are still falling everyday, I monitor them on propertybee and another website that shows house price drops here.
I suppose I knew we would be getting a 'dead cat bounce', house prices are a bit more affordable now but still not affordable for the average First Time Buyer.
The only people I know who are moving are those that bought 5+ years ago, on to their 2nd or 3rd homes, maybe more of these types of homes are being sold, and not the traditional FTB homes - perhaps that is why we got such a large increase here?
Transaction are still heavily down and I do believe the market here is a long way from being healthy as you say, I just can't be bothered with all the ramping we are going to get from our local newspaper and their vested interest rubbish!