When housing prices fall, a boom is almost inevitable

The market has been in an extended slide over the past few weeks, with home prices falling by 7.3 per cent in the first half of the year, according to the latest data from the Bureau of Statistics.That compares with a 10.2 per cent drop in the year to February."There is no reason for anyone to believe that the market will collapse in the near future," said economist John Kynaston."It is a bubble t...