Prices falling like a stone!

  1. 3,346 Posts.
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    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    0   Sydney(SYDD) Melbourne (MELD) Brisbane inc Gold Coast (BRID) Adelaide (ADED) Perth (PERD) 5 Cap City Aggregate (AUSD)
    1 Peak 942.09 778.97 523.19 463.14 632.54 731.81
    2 Current 925.77 754.43 520.12 460.20 592.34 720.10
    3 Change (levels, 000s) -$   16.3 -$   24.5 -$ 3.1 -$ 2.9 -$   40.2 -$   11.7
    4 Change (%) -1.7% -3.2% -0.6% -0.6% -6.4% -1.6%

    Rp data: http://www.corelogic.com.au/research/back-series.html

    Melbourne in particularly getting owned, down by 3.2% since the end of October!! Sydney falling as well.

    Melbourne average dwelling price off nearly $25,000.

    I'll be very interested to see if the music has stopped.

    We await.
 
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