Existing Marketing Issues in the Australian Housing Market

This paper aims to present an overview of the property market structure of the Australian economy, makes a comparison between the past and future trends of the fluctuating rates of property in the country, and explains the contribution of the market in the national income and growth of the economy. It also elaborates the different factors responsible for the skyrocketing prices of the residential market, examines the demand and supply of the houses in the market, and presents graphical illustrations for depicting the price trends, affordability and demand, and supply of houses.