Real Estate Propaganda

Its become quite laughable how the Real Estate industry feeds false figures to reporters in order to try and inspire some confidence in the market. Every few months you see a story run by stuff or the herald about how the housing market is booming and everything is back as it was in the boom of a few years back. I call Bullshit. A person I work with recently bought a house and the Agent tried to make her sign an agreement for 25k more than the transacted purchase price just to boost their median house price.