Sep 6, 2026 – 2.17pmThe number of homes being sold at auction is down by nearly a third compared with last year, marking a soft start to the spring selling season as vendors grapple with falling property prices and hesitant buyers.Across the capital cities, 1462 homes were taken to auction at the weekend. This was 31.1 per cent lower than a year ago, and the fourth week in a row when the auction volume was down by more than 30 per cent compared with the same time in 2025, according to Cotality research.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles