perth listings back below 11,000

Yes the end of the world tomorrow according to the Mayans and the bears.
Perth property for sale week ending 5th Dec 2012
houses 6960 units 1934 land 2035 total = 10,919
Listening to Gavin Hegney on radio today his explanation for the puzzle. How come houses are selling and vacancy rate not going up. He reckons a large percent of people buying are living with their parents and buying to move out.
Also raised a point that was on here start of year. The rate lowering is to kick start the other states The risk is that WA is a strong economy and does not need a rate drop. One rate for all the country if Perth property does take off then no chance of a rate increase until the other states fire.
Gavin Hegney is a property valuer and media hero