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‘Downturn is deepening’: Sydney prices fall faster as clearances crash
Prices in Sydney and Melbourne could fall by 8 per cent by the end of the year as auction clearance rates slump to near the lowest on record.
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afr.com
Auction clearance rates plunge to 40pc, lowest in years
The last time clearance rates were this low was during the pandemic in 2020, as rate hikes, tax changes, and war chill the market.
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abc.net.au
Auction clearance rates fall to lowest level in six years
Not since the early days of the COVID-19 pandemic have sellers seen such disappointing results at auction, with Cotality predicting "a further loss of momentum" in the housing…
