Perth prices have come off their April peak and buyers have more room to negotiate. Here's the balanced case for and against buying now, and what Perth's past downturns meant for buyers 5, 10 and 15 years later.

Perth prices have started to slip and plenty of buyers are choosing to wait. Here's what Australia's last four downturns actually looked like, the honest case for and against buying into a falling market, and the six questions that matter more than the direction of the next index.