The current trends are not healthy for Australia’s listed realtors, and when the stockmarket is sending such a strong signal about the outlook for residential property, investors should take note.

James KirbyAssociate Editor - Wealth James Kirby, Associate Editor-Wealth, is one of Australia’s most experienced financial journalists. James hosts The Australian’s twice-weekly Money Puzzle podcast.He is a regular commentator on radio and television, the author of several business biographies and has served on the Walkley Awards Advisory BoardHe was a co-founder and managing editor at Business Spectator and Eureka Report and has previously worked at the Australian Financial Review and the South China Morning Post. Since January 2025 James is a director of Ecstra, the financial literacy foundation.
Here’s a new metric to consider when you’re looking for an insight into the health of Australia’s property sector: the performance of local real estate agents.