Seriously steve, did you get your economics credentials in a box of corn flakes?
Property prices fell after the GFC, they have recovered and increased above pre GFC high's
New home sales reach near three-year high
http://au.news.yahoo.com/thewest/business/a/22274519/new-home-sales-reach-near-three-year-high/
Seems there is still an appetite for owning a home
