Summary: Housing turnover in Australia is at a level normally associated with a property downturn. But prices keep rising. Rather than relying on the hard data, anecdotal evidence may be more useful in assessing the real health of different segments of the property market.
Key take-out: To make better property investment decisions, investors should be aware of the key reasons for Australia’s slowing housing turnover.
Key beneficiaries: General investors. Category: Economy.