The Guardian Australia – News · general
National auction clearance rate drops to 55.5% amid house price downturn
2 days ago
The national auction clearance rate fell to 55.5% for the week ending April 5, marking its lowest point since December 2022. This decline continues from the previous week's rate of 60.9%. Major cities like Sydney and Melbourne experienced worsening house price downturns amid a drop in auction activity.
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Summary by Glance · Original reporting by The Guardian Australia – News
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