Well, I think calling this decline "plummeting" is a bit over the top. But this corresponds well with the properties-on-market trend we are observing here
http://www.watoday.com.au/wa-news/perth-property-price-plummet-continues-20101130-18en9.html
Interestingly, as they note, this does not include the impact of latest interest rate hikes.
Looking forward to this Wednesday's market update.
