11/09/2026
We’ve been keeping a close eye on Queensland Titles Office transfer numbers, and the latest August figures confirm that the market has continued to slow from the levels we were seeing earlier this year.
August 2026 recorded 14,232 transfers, compared with 18,056 in August last year — a reduction of more than 21% year-on-year.
It also means transfer volumes have fallen by almost 24% since June, with August recording another decline following the significant drop we saw in July.
What are we seeing on the ground?
The lower settlement numbers aren't the only change we're noticing.
Across our files, we are seeing:
More contracts terminating than we were previously experiencing;
Buyers making greater use of additional and special conditions;
More building and pest negotiations, particularly buyers seeking price reductions rather than simply proceeding at the original contract price;
Deals taking more work to keep together between contract and settlement; and
Buyers generally appearing more cautious around both price and property condition.
What does this mean heading into spring?
Spring is traditionally an important period for property activity, so the next few months will give us a much clearer indication of whether this is a temporary slowdown or whether lower transaction volumes are becoming the new short-term trend.
Courtesy Sunstate Conveyancing
But some good news, my Orchid is flowering again!
