Aug 2, 2026 – 1.34pmAuction listings across the country have plunged nearly 20 per cent compared to a year ago as nervous sellers take their chances on the private market or park their plans to sell altogether until the market improves.A deepening housing downturn, which has hit major capital city markets in Sydney and Melbourne hardest, is driving the vendor retreat.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles