Markets for domestic housing in countries like England differ from other markets because the stock is fixed in the short term, buyers need to raise mortgages to finance their purchases and prices tend to be set through intermediaries (‘estate agents’ or realtors). We introduce an agent-based model in which some of the main features of...

This report presents the Allen Consulting Group’s research, analysis and findings of its study into segmentation in the market for estate agency services in Victoria.

Despite a strong reliance on the market to deliver housing and renewal outcomes, Australia has been somewhat sluggish in getting metropolitan planners, LGAs and stakeholders working collaboratively to better understand housing markets and their policy implications.