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Auction results plummet around Australia
AFR economics editor John Kehoe said the week's property sales would end up with a 40 per cent clearance rate.
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afr.com
Sydney, Melbourne have worst auction week in more than five years
Sellers are pulling out to avoid a weakening market, although a $3.23 million auction sale in Glebe showed buyers were still there for the right property.
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abc.net.au
Major capital cities record worst housing auction clearance rates in years
Sydney and Melbourne record their weakest auction results in years, with fewer than half of all homes going under the hammer finding a buyer.
