Falling house prices in Europe- but Corfu "separate"

Telegraph article

And in Greece? (2012 stats)

On Corfu, The Daily Telegraph, 19 January, Property Section Cover Story "Safe European Home":

"The property market here seems to be quite separate from the rest of Greece", says Susan Daltas of Corfu Home Finders. It is the sort of place that gets under people's skin..."

That may be true for 'high-end properties with a direct sea frontage'. Will other properties maintain their value?