proof prices are falling ! real proof, page-11

hey all, the reason for this thread, is to paint a TRUE indication...you cant compare prices of houses on the same street..all houses are different...median prices really mean nothing...eg..if the mining index goes down..it does not mean that BHP has gone down...or up for that matter..houses like shares need to be looked at individually..that gives the exact + or - % difference.
Thats the problem..the median house built 30 years ago is far different form the basic house built today..so there in itself lends an increase in prices..
when i grew up houses were 10 squares...3 bed..no ensuite..and you cant compare sales of modern houses ( up to 5 yrs) with those..yet they are all lumped together to give rubbery figures...
Not all property will go down...just as not all proprty will go up...but right now..prices ar sliding as sellers become more desperate. It will accelerate imo