here's a succinct wrap from...

here's a succinct wrap from macrobusiness:

http://macrobusiness.com.au/2011/05/sqms-bear-maul/


CAPITAL CITIES (worst to best)

Perth (total 2011 9.8%) - Currently down 3.8% from peak. Expected further declines in 2011 is 4-6%

Brisbane (total 2011 9.6%) - Currently down 3.6% from peak. Expected further decline in 2011 is 4-6%

Darwin (total 2011 8.3%) - Currently down 1.3% from peak. Expected further Declines of 5-7% in 2011

Melbourne (total 2011 7.5%) - Currently down 2.5% from peak. Expected further declines in 2011 is 3-5%

Sydney (total 2011 6%) - Currently down 2% from peak. Expected further decline in 2011 is 2-4%

Adelaide (total 2011 4.3%) - Currently down 1% from peak. Expected further declines in 2011 is 1-3%

Hobart (total 2011 3.5%) - Currently down 0.5% from peak. Expected further declines in 2011 is 1-3%

Canberra (total 2011 3.4%) - Currently down 0.4% from peak. Expected further declines of 1-3% in 2011.