What a foolish question, I suppose you want the exact date and time, that it STARTED HAPPENING
Sydney median price for 5 years has been flat, some areas in Sydney houses are selling for less than they were in 2003
Perth peaked in late 2006 stagnated for a bit and has been in deciline ever since with the median price dropping from $475K to $415K and many properties dropping as much as 30 percent
Building industry in decline for several years all around Australia, strange how this deman for housing that is supposed to push the prices up does no flow through to people actually building houses
