Reality is the second EP by American indie rock band Real Estate, released on December 18, 2009, on Mexican Summer.

Reality received acclaim from contemporary music critics.

Pitchfork Media's David Bevan gave the album a 7.5 out of 10, writing that "Real Estate songs are often mood pieces, and this set sounds much more the product of a melancholy young man ruminating on his own than any group trip to the beach.

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