end of 2010 property prices, page-2

lol at 80% fall in property prices.

I think you'll find whilst many of the capital cities experience some degree of growth in the last 12 months, the rural areas have been hit hard. Queensland isn't doing well now, and North Queensland is doing very poorly. Some areas in Cairns have taken a 40% hit.

Property price falls can take a very long time to occur, not because of the level of buyer activity slowly falling, but because most vendors take a very long time to wake up to the fact that their property is no longer worth what it once was.