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‘Increasingly Urgent’: Housing Race Now on as Vendors Rush to Sell Amid Market Decline

Researchers say Sydney and Melbourne prices could fall as much as 9% this year as a 53% auction clearance rate points to a buyer’s market.

Most economists aren’t expecting house prices to drop – just to increase at a slower rate.

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Sydney Morning Herald broke the news in Sydney, Australia on Tuesday, May 26, 2026.
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