Common use of Market Context Clause in Contracts

Market Context. At time of writing, Western Australia’s easing population growth has reduced pressure on the broader housing market, however subdued economic conditions and continued housing affordability pressures in the lower price quartiles has maintained, and in some cases increased, demand for assistance across the housing continuum. This includes sustained demand and need for social housing, including from people who also have health, disability or complex personal circumstances in addition to low incomes.