Property News Update airs every Friday at 12:30PM +11 UTC, LIVE on Facebook, Twitter and YouTube.

Bricks & Mortar Media director Kieran Clair is back with Kevin Turner in this week’s episode of Property News Update.

Tune in for these stories:

• Where is the property clock?

Independent property valuers Herron Todd White’s analysis reveals where Australian cities' property markets stand based on what they call as “property clock”.

• Avoiding scammers Don't be duped.

Real estate is no stranger to scams and scammers.

• Where have all the houses gone?

Property sale listings have increased according to realestate.co.nz but they're not enough to meet buyer demands.

• Australia up there as least affordable.

Demographia puts Australia in the most expensive housing market list.

• Real Estate Porn Dream big and make it real!

A three-story beachfront luxury villa known as Sea of Dreams is now up on sale.