Australia’s auction market has stalled, indicating that both Melbourne and Sydney could soon experience falling prices. Last weekend’s final national auction clearance rate of 60.6% was the lowest of 2024, following six consecutive weekly declines. It was also well below the 64.4% final auction clearance rate recorded in the same weekend last year. Melbourne’s final
The post “Buyer’s market” spells falling house prices appeared first on MacroBusiness.