Chinese Investment, page-8

"..In Sydney, weakening demand for homes has been reflected in nine weeks of sliding auction clearance rates, the longest streak of declines. Successful auctions in Sydney fell to 56.3 percent, a three-year low, separate CoreLogic data showed Monday. That compares with more than 90 percent in April.."

http://www.bloomberg.com/news/artic...end-of-sydney-home-boom-as-foreigners-retreat

Sydney led the charge to the top. Now it's leading the decline.