Fewer Transactions Are Occurring Across The Housing Market

Dwelling values are falling and fewer transactions are occurring across the housing market which should create alarms for market participants such as agent, lenders, state governments and brokers that are reliant on housing turnover.

Despite dwelling values having only recently started to fall, the number of settled transactions in the housing market has been trending lower since peaking in 2015.  It is important to note that off-the-plan sales are not counted until completion and they are…