Real estate vs. the media

Some days it feels a bit like the Real Estate industry versus the media - lately it's been almost a daily occurrence. The reality we can report, is steady yet somewhat selective attendance at open homes, resulting in a steady volume of sales. Prices achieved appear to be largely in line with expectations. However, some second tier properties have been more vulnerable.

In short, the residential market is a little more cautious than usual - yet steadily producing results.