Cagey buyers push home sales rates to post-pandemic low

Auction clearances slump to six-year low on rate worries

The sudden rise of concern about a probably fifth rate rise showed up in this week’s housing market as vendors pulled homes from auction in great numbers.

Cagey buyers push home sales rates to post-pandemic low

The share of homes selling under the hammer has plummeted to a post-pandemic low as would-be buyers brace for another interest rate rise.

Australia Home Auction Clearance Rate Falls to Six-Year Low

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Busiest week in the auction rooms since early May

Residential property auction volumes in spring mode but sales rate stuck below 40%