While waiting to buy a property in Perth over the last year I've found the longer I wait, the better the bargains are. Most recently, visiting home opens in Victoria Park (my target area) I have, on two occasions, been the only person to show up. Now today, just looking at auction clearances I see only a 30.77% clearance rate. OK, Perth-ites don't like auctions much but still... So I stuck a pin in the calender at December but now I'm tempted to re-pin it later and later.. June '16 maybe. I know you can't time the market perfectly but it seems with the commercial realty bust happening here (To Let, To Let, To Let, everywhere) along with the almost complete end of capex by the miners that there is no light at the end of the tunnel.. for owners anyway. Every agent I talk to says it will be "flat" which I interpret as going down once you remove the REA optimism factor. So what do you think?