I think we are forgetting yesterday's headline, A new Perth record:
WA: Perth to set new record for property price decline
Perth's median house price is on track for a record sixth consecutive decline, with thousands of home owners refusing to sell in a poor market, the peak industry body says.
http://smh.domain.com.au/real-estate-news/wa-perth-to-set-new-record
-for-property-price-decline-20110916-1kdc3.html
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