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Auctions slump to fresh low as home buyers walk away

Cotality said the combined preliminary capital-city clearance rate fell to 44% as 1,188 auctions were held and buyers stayed cautious.

National auction clearance rates have fallen again to the lowest level since the COVID pandemic as Australia's housing market decline deepens.

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Auctions slump to fresh low as home buyers walk away

National auction clearance rates have fallen again to the lowest level since the COVID pandemic as Australia's housing market decline deepens.

·Osborne Park, Australia
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As the Australian property market cools further, the property auction clearance rate continues to decline, falling to its lowest level since the beginning of the pandemic this week.

·New York, United States
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The Canberra Times broke the news in Canberra, Australia on Sunday, November 15, 2026.
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