Aug 30, 2026 – 1.45pmThe national auction clearance rate has eased as the number of listings picks up for the traditional spring selling season – even as buyers step to the sidelines and consider the prospect of another interest rate rise.Preliminary results showed 52.4 per cent of capital city auctions have been successful, down from 53.2 per cent a week ago, according to data provider Cotality. The previous week’s tally was revised down to 48.2 per cent once all the results were logged.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
$260k above reserve bucks trend as buyers worry about more rate rises
With the property downturn in full swing, buyers may already be factoring in what a potential fourth interest rate rise this year would do to their finances.
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