Jun 14, 2026 – 1.53pmThe national auction clearance rate is likely to fall below 50 per cent for the fifth week in a row as the federal budget’s tax changes continue to weigh heavily on buyers in the soft market.The preliminary clearance rate for the week ending June 14 is sitting at 54 per cent, although it will probably be revised to below 50 per cent once final sales figures are registered, according to Cotality.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Auction market hovers around record lows after budget tax changes
The market downturn is favouring owner-occupiers over investors and offers opportunity for upsizers, as one Sydney sale shows. But it’s bad news for renters
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