the article talks about the rest of Australia as well. This is the beginning of a flat/most likely falling trend. Can someone point out to me what (if anything) is going to reverse the trend.
btw: It will be made worse with the increasing commodities boom raising interest rates.
btw: It will be made worse with the increasing commodities boom raising interest rates.
Look, in my opinion, Perth is is a different part of the RE cycle. A few years back its median price exceeded that of Sydney for the very first time. That was clearly unsustainable (to me at least) & a good indication that the Perth market had overshot. Now it is just correcting over there.