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Low auction clearance rates tipped to continue, according to Cotality
Less than half of all properties that went to auction in Australia were actually sold over the last week.
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afr.com
Auction clearance rates slump as buyers get cold feet
Clearances are below 50 per cent for the third week running. Buyers are wary of prices falling further and if vendors want to sell, they must meet the market.
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abc.net.au
Low auction clearance rates tipped to continue, according to Cotality
Less than half of all properties that went to auction in Australia were actually sold over the last week.