The onset of the crash (of 2010) has already started for about 4 months. Price have been falling left, right and center (not that the REIV or APM data would tell you that).
When you have around 40% clearance (absolute disaster), prices have no room to move but to tank.
Feb will mark the BEGINNING of the next phase (the free fall) ! Expect sub 40% clearance and wholesale panic.
You know PANIC is in the air when every second news articles talks about a Buyer's market but strangely those same articles say prices won't fall.
