Whilst we have seen a positive shift in the market in the first quarter of 2010 the market has cooled slightly over the past 2 months. There is some uncertainity in the market place due to overseas property markets, in particular the U.S and U.K, the volatile ASX and speculation over a federal election. We are confident however that Spring will see a flood of new buyers into the market place. In particular if the election is behind us. This should give buyers better direction and sure up buyer confidence. We are also experinencing interest in premium apartments from the international community. In particular wealthy Chinese buyers.
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