perth home values down 2% for may, page-6

  1. 2,801 Posts.
    8% Warnie and we're in the middle of a mining boom, record low unemployment and cheap money, talk us through the rebound.

    Whilst we take economist's prediction with some caution he makes a good point....

    "Westpac senior economist Matthew Hassan said falling prices and rising auction clearance rates suggested part of the slide in May was due to sellers lowering their prices to ''meet the market'."

    57% from 650 auctions last week.
 
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