Jul 12, 2026 – 1.42pmAfter three weeks in the sub-50 per cent doldrums, auction clearance rates have bounced back to their highest level in seven weeks as lower volume constrains choice and buyers and sellers acclimatise to the cooling post-budget market.According to data house Cotality, the preliminary clearance rate across the combined capitals hit 54.8 per cent, a significant jump on last week’s 49.8 per cent, which was revised down to 46 per cent on final numbers.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 bounce to seven-week high
Tight supply and recalibrating vendor expectations have pushed early clearance rates back above 50 per cent.
98 words~1 min read
