This is a great question. Whoever can give you an accurate answer should work at Wall Street =)
In all market when the price starts going up, you know the house price has reached bottom.
In Wexford, it really depends on neighborhood and price range. A "detailed" market analysis will give you a better picture as to how the market is doing.
If you planning to move up (purchase a higher price range home), it is a good time to buy at a buyer's market. Usually, the higher the price range, the drop is more. But even if the rate is the same, you gain more. For example, you sell a home ($200,000) for 5% less and you purchase a bigger home for 5% less ($400,000), you actually "gain" $10,000.00