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The suburbs where the most homes are failing to sell at auction
Some areas have recorded double-digit drops in their auction clearance rates as interest rate increases bite and investors pull back.
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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…
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theguardian.com
Clearance rates hit six-year low as more than half of Australian homes up for auction fail to sell
Preliminary data show 47.7% of homes sold at auction in the week ending 21 June, the lowest clearance rate since April 2020
