perth home values down 2% for may, page-26

House price falls are good for buyers....


House prices decline in May: survey

House prices fell in May, despite a hefty cut in official interest rates, although the drop in prices and rates improved home affordability.

“It is clear that the market is becoming increasingly price point driven," he said.

Full Article at link below:

http://www.businessspectator.com.au/bs.nsf/Article/House-prices-decline-in-May-survey-pd20120601-UU4GK?OpenDocument&src=hp5