It is still my opinion that we have reached to zenith of the...

It is still my opinion that we have reached to zenith of the property market (at least in WA).

More properties are coming on to the market in an endeavour to achieve a perceived top price. Many of these are failing to attract offers and therefore, I can see the market moving sideways before a dip of maybe 10% over the next 12 months.

If interest rates do rise over that period, that will reinforce my perceptions.

Property prices never continue to rise inexorably. There is always a slow down usually accompanied by a long hangover involving a correction.

I believe this will occur nationally over the coming 12 -18 months.