Pasqual, not sure what Melb. you are referring to.
Prices have come off period around 10-20% in the inner city
Not going to argue the facts, its obvious, why keep talking up a falling market.
How do i know, im watching very carefully, specifically Kew, Hawthorn, Ivanhoe
Serious property people don't take too much notice of stats, its about knowing your market and what people were paying 6 months ago lol
I'm talking about going to auctions, opens and talking to the same agents in the areas i'm looking at/watching.
The next few weeks should make the current situation clearer either way IMO
But Pasqual, seriously. If you think prices are holding or going up, you need to get off the funny stuff, it clouds your thinking FWIW, can even make you halucinate!