Property Now November

Page 8

Electronic conveyancing key to sustaining property market during COVID-19, research finds The spotlight has been on technology more than ever as a result of COVID-19, as Australia’s key sectors have battled to maintain operational continuity.

Australia’s residential property market is the nation’s most valuable asset class, worth $7.1 trillion1, making it a vital cog in the economic resistance and future rebuild in response to the pandemic. And a recent study has found that while major countries such as the United States and the United Kingdom reported significant declines in property settlements during COVID-19 lockdowns, Australia’s market remained fully operational.

8


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.