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It is rolling annual growth, so for each city shows the price growth rate for the 12 months prior. So as an example you can see Perth was growing at an annual rate of around 40% near the peak of it's boom in 2006, but is now rolling over to low/negative growth faster than the other cities...

Over the last couple of years Sydney has outperformed several of the other capitals by around 20%, so don't see there's any reason that the other capitals would HAVE to fall in line with Sydney if it corrected. That said they've been trending in similar growth cycles (see chart below). Some of...

Meaningless. There was growth during periods of the great depression also.

Sure, but if I could invest in hindsight I wish I'd bought Apple 10+ years ago or maybe Med Cannabis Pharma Inc in late 2013. Not sure what your point is? By what measurable indicators would you define a world wide depression? Arguably we are in one...

Not on a nation wide measure, but many cities / regions did fall by 50% or more. http://www.dailymail.co.uk/news/article-1386006/Ten-cities-property-prices-fell-69-FIVE-YEARS.html Unlikely scenario (Sydney falling by 50% in nominal terms), but if it happened I think we could expect bank...