Auction clearance rates at six-year lows with cooling demand from investors | ABC NEWS
Community Score: 50% | 11.1K views | 2w
0 community ratings: null thumbs up, null thumbs down
Auction clearance rates are at their lowest nationally in six years, with Sydney, Melbourne and Brisbane leading the trend downwards. Some economists say the federal budget is pushing investors out of the housing market and putting downward pressure on demand. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-06-28/worst-property-auction-rates-in-years-for-sydney-melbourne/106852602 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
Tags: Australia, abc, abc news, news, australian housing affordability, australia housing, housing market update, property market, australian property market, property market australia, anthony albanese, housing affordability australia, housing market, auction australia, investors, property investors, australia real estate, real estate australia, property, real estate
More from ABC News (Australia)
- The biggest market sell-off since 'Liberation Day' | The Business | ABC NEWS — Score: 50%
- Designer Katie Perry wins trademark case against pop star | ABC NEWS — Score: 50%
- A look around the NT as residents deal with flooding emergency | ABC NEWS — Score: 50%
- Bundaberg homes inundated after Burnett River peaks | ABC News — Score: 50%
- Reindeer races in Finland draw international crowds | The World | ABC NEWS — Score: 50%
- Grave fears for Iranian footballers after Australia asylum saga | The World | ABC News — Score: 50%