bundalee,
if new housing contracts it will make the more cheaper/competitve builders drop their prices
so another year or two goes by with falling prices
eventually it will be reported that we have a 15% drop from the peak perhaps reinforcing in the mind of buyers to wait just a little bit more
escpecially if you are in canberra, the federal election should free up some houses
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down, down, down, prices are down everywhere, page-4
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