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Perth/Mandurah suburb experiences 14% drop in prices in 3 months!

Perth/Mandurah suburb experiences 14% drop in prices in 3 months!

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Old Aug 4th 2008, 10:09 pm
  #16  
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Default Re: Perth/Mandurah suburb experiences 14% drop in prices in 3 months!

The official 2nd quarter numbers were just released and they make interesting reading.

HOUSE PRICES Q2/Q1 Q2'08/Q2'07

Weighted average -0.3 8.2

Sydney 0.3 4.4

Melbourne -0.3 14.1

Brisbane 0.6 14.0

Adelaide 0.4 16.2

Perth -2.4 -0.9

Hobart -2.0 3.0

Darwin 1.9 7.0

Canberra -1.4 7.2
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Old Aug 4th 2008, 10:49 pm
  #17  
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Default Re: Perth/Mandurah suburb experiences 14% drop in prices in 3 months!

People who are looking to buy in Perth say
We are all doomed i tell ye ,head for the hills its a whitewash
escape , perth its doomed the credit crunch the houses are dropping
like the flys were all doomed.


people in perth and have invested
While in reality the property prices are on the up ,there is a labour
shortage ,not a chance of the credit crunch coming anywere near
perth as the mining boom will watch out for us with cash and
jobs for all.

Will anyone ever get to the bottom of it
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Old Aug 5th 2008, 5:45 am
  #18  
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Default Re: Perth/Mandurah suburb experiences 14% drop in prices in 3 months!

Does that mean all the flies have gone ? If so i'm coming back
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