Property prices nationwide down 2.7 percent from December to February . Some vendors slashed their asking prices by up to 40 per cent , data shows . Survey of nearly 3000 homes revealed Victoria had largest mark downs . WA prices were down 3.2 per cent , NSW saw a 3.1 per cent drop . QLD prices slid 2.7 per cent , 1.9 per cent in Tasmania , 0.3 in the NT .
Property prices nationwide down 2.7 percent from December to February . Some vendors slashed their asking prices by up to 40 per cent , data shows . Survey of nearly 3000 homes revealed Tasmania had largest mark downs . WA prices were down 3.2 per cent , NSW saw a 3.1 per cent drop . QLD prices slid 2.7 per cent , 1.9 per cent in Victoria , 0.3 in the NT .