| 01.12.2011 - Melbourne house prices decline by 5.4 pct |
| Australian house prices have dropped in 11 of the past 12 months, with Melbourne and Brisbane leading the downward trend, new figures from property analyst RP Data-Rismark show. The figures show Melbourne prices slid 5.4 per cent in the year to October 31, providing further hope for first-time buyers after years of rapidly rising prices...............................................Full Article: Source |