It's not a buyer's market, but we're close to equilibrium.

There was a negative swirl in the market; every pronouncement using the bubble term made buyers pause. We are not seeing prices fall; we are just seeing fewer sales.

Supply is there, so if apartments are priced at market level, they are selling. If they're priced above market, they're not even getting shown.

It's not that the rich have become frugal,

I'm not really a Jew; just Jew-ish, not the whole hog.

Speaking for me, it's just another one of those reporting requirements. It's not that big of a deal.