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Sellers Flee Auctions as Housing Downturn Deepens

Summary by The West Australian
More than three in five homes listed for auction converted to private treaty in July, the highest rate since the 2022 downturn, property site Domain has found.

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Sellers flee auctions as housing downturn deepens

More than three in five homes listed for auction converted to private treaty in July, the highest rate since the 2022 downturn, property site Domain has found.

·Osborne Park, Australia
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Australian Financial ReviewAustralian Financial Review
Lean Right

More sellers bail out of auction campaigns as market cools rapidly

More than half of homes advertised for auction are being flipped to private sales as the prospect of another rate hike scares buyers from the market.

·Sydney, Australia
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Bias Distribution

  • 67% of the sources lean Right
67% Right

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Australian Financial Review broke the news in Sydney, Australia on Wednesday, September 9, 2026.
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