Business
Auction Rates Drop in Australia
Australian auction clearance rates fell to a six-year low, with only 47.7% of homes selling at auction in the week ending June 21. This marks a significant downturn in the real estate market.
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The Guardian
Preliminary data show 47.7% of homes sold at auction in the week ending 21 June. It is the lowest the rate has been since April 2020Clearance rates in Australia’s capital cities have fallen to a six-year low, with fewer than half of homes at auction finding buyers.Preliminary <a hre
2026-06-22 03:18 UTC