Sunday, Feb 18, 2007
House prices in Perth screech to a halt and find reverse gear
Firstrung: House prices have slumped by up to 8% in Perth in the last quarter
House prices have slumped in almost half of Perth's suburbs, with some falling more than 8 per cent, in what is the strongest evidence yet that the State's most lucrative property boom has turned. Figures provided by the Real Estate Institute of WA reveal the extraordinary house price growth of the past three years came to a sudden halt across much of Perth in the December quarter, with 118 of 277 suburbs recording falls.
Posted by converted lurker @ 10:43 AM (139 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.