We are certainly now entering crash territory here in Melbourne.
- 8% down YTD, 2.7% in a month
- Clearance rates on the slide. 57% last week.
- Stock increasing.
- No Confidence
- Vic economy in tatters
- 20000 jobs losses expected to be announced next week
Any thoughts on what % figure could be considered a crash?
15% - 20% - 35%
When will things improve?
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N.B. Please no spruiking or sniping.
