House transactions heading down to 1995 levels

I received an email from RightMove which states -

"With 2005 transactions set to fall to an all time low since 1995, the Spring market is failing to shift over-supply as properties per agent hit a new peak.

Vendors are expecting to achieve an inflated market price for their home and are receptive to overpriced valuations but often still expect to sell quickly."

Daytona