Jul 5, 2026 – 1.51pmThe auction clearance rate has dropped below 50 per cent nationally for the third week in a row, as falling prices keep buyers on the sidelines.This week’s preliminary success rate hit 49.8 per cent, against 49.2 per cent a week earlier – a figure that was revised down to 45 per cent after the final tally, according to data provider 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 clearance rates slump as buyers get cold feet
Clearances are below 50 per cent for the third week running. Buyers are wary of prices falling further and if vendors want to sell, they must meet the market.
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