Metropolitan development sites values, which have surged in recent years on a wave of Chinese money, are showing the first signs of correcting. Developer Nicholas Smedley secured two sites at discounts of 30% after vendors rejected his original off-market offers.

A spike in interest rates is the biggest risk to housing markets, say Brian White of the Ray White Group and Century 21 chairman Charles Tarbey.

Electronic surveillance and security is a hot topic in strata, partly because the steps we take to make ourselves more secure may mean we are more likely to be living cheek-by-jowl with the naughty and nefarious.