The real estate market is not same every where, the real estate market has its own traits, properties, fluctuations, values and prices according to country and region. That’s why watching the real estate market in some other countries does not give you any idea about the real estate market in your own country. However, there is something called panic selling, and sadly a lot of people take a cue from what is happening in other countries. They try to observe other markets to predict their own markets. You will have to understand one basic rule which is property prices will reach a peak and then it will start declining due to depreciation.