Still expensive:A major damper on transaction volume is that the residential property market is facing an undersupply of housing stock. This is attributed to a mismatch in the price and and location. No sign that prices will dropALTHOUGH the property market is set to remain soft this year, it still has a lot of good things going for it and the outlook is far for grim. Article type: metered User access status: 3 Join our Telegram channel to get our Evening Alerts and breaking news highlights Tags / Keywords: Business , PEPS , property , residential Topic: Business Property Found a mistake in this article? Report it to us. What is the issue about? Spelling and grammatical error Factually incorrect Story is irrelevant This field is mandatory This field is mandatory Email (optional) Please enter valid email. Report issue Report issue Cancel Invalid captcha response. Please re-try again. Thank you for your report!