Today's Yahoo finance, further drops in US housing by 25% bringing it back to 2000 price levels.
If this is happening to the US property market, it has become one step closer a reality that it can happen to the Australia property market.. We have had a spectacular growth and now its the downside of the cycle.
For the previous person who asked me to give the web site to a previous post here it is handed to you on a plate.
http://finance.yahoo.com/
Heading: Housing Meltdown 25% Decline
Returning Values to 2000 level
melt down in us housing back to 2000 level
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