Was hoping to start a thread to pool info as it appears there is a slowdown happening at the moment. I'm starting to hear a few horror stories from investors here, rents are dropping quickly and listings are up 20-30 percent (depending on which stats you read). I noticed today that the "exciting next stage development of Solonika st" signs have now been taken down. (The Avenue - Parap). I see developers slashing the prices of units by 15% or throwing in free cars etc... Real estate agents are telling me that prices are down 20%.... But when I look at the real estate listings the majority of the prices are still stupid. The number of sales per month is down 60% from the average...so obviously people are asking too much. How long does it normally take for the downturn to start and the prices to reflect the downturn? I'm a novice here...genuinely asking some advice. Need to buy a PPOR within the next year. Thanks!