This Month
Sydney property slumps as buyers wait for price falls
The preliminary clearance rate for auctions in Sydney fell to 58 per cent – its lowest in a year – as buyers anticipate price falls.
- Campbell Kwan
Auction clearance rates hit year low as sellers lose confidence
More than half of the homes offered for auction in Sydney in the past week were withdrawn before the auction date.
- Larry Schlesinger
November
Sydney home prices sink again as vendors rush to sell before auction
Sellers’ confidence is waning in the Harbour City amid a slowing market and shrinking pool of buyers.
- Nila Sweeney
Housing market braces for Trump’s interest rate gyrations
Less than two thirds of homes listed for auction sold in the past week as an already weakening market absorbed the prospects of Donald Trump’s re-election.
- Nick Lenaghan
House prices under pressure as clearance rate dips to lowest this year
Just 63 per cent of homes sold under the hammer this past week, according to CoreLogic, while Domain recorded an even lower figure of 57 per cent.
- Larry Schlesinger
October
CBRE chases Burgess Rawson as big auction delivers $66m bonanza
Global real estate giant CBRE is in hot pursuit of portfolio auction specialist Burgess Rawson, which showed its value via a blockbuster auction event.
- Larry Schlesinger
Sydney house prices set to fall as clearance rates drop
Sliding clearance rates reveal Sydney’s housing market is following Melbourne into negative price territory, while Perth, Adelaide and Brisbane remain strong.
- Bonnie Campbell
Sydney tipped for worst week of auction results since 2022
Asking prices for Sydney homes are expected to slump after experts tipped the city’s final weekly auction clearances to be at just 40 per cent.
- Campbell Kwan
September
Weak auction markets point to falling house prices
Auction clearance rates have fallen to their lowest level this year, suggesting buyers are worried there is little relief in sight from high interest rates.
- Nick Lenaghan
Buyer’s market appears to have arrived, but it may not last long
A deceased estate in Sydney that sold for $325,000 above reserve has bucked the trend of falling auction clearance rates as homes flood onto the market.
- Bonnie Campbell
House price growth to soften as spring swings in favour of buyers
A surge in listings, weaker clearance rates and a slowdown in price growth have swung the market back in favour of buyers, new figures show.
- Larry Schlesinger
Spring selling season starts slowly as vendors take wait-and-see approach
Auction volumes held steady during the first week of spring as vendors bet on strong initial results to help bolster prices.
- Campbell Kwan
August
Don’t be tricked by these sneaky auction tactics
From fear of missing out to what’s known as ‘money illusion’, it’s useful to understand the psychology of real estate negotiations.
- Lucy Dean
Auction clearances hold steady ahead of spring flood
As the volume of auctions rises through spring, clearance rates are expected to fall in Sydney and Melbourne, putting pressure on prices.
- Nick Lenaghan and Michael Bleby
Deceased estate sells for $7.8m as buyers set to gain spring advantage
Cautious buyers disappointed by delayed rate cuts, cooling migration numbers and incoming spring stock will keep a lid on clearance rates, experts predict.
- Bonnie Campbell
July
Vendors need to rein in price expectations says Ray White boss
While auction clearance rate are holding up well and standout results on some properties are being achieved,
- Larry Schlesinger
Turramurra home sold for $4.6m despite weaker winter market
The national auction market is losing steam ahead of the spring selling season, with buyer demand waning as expectations of a rate cut this year fizzle.
- Nick Lenaghan
Downsizers pay $130,000 above reserve for villa as auctions slow
SQM research director Louis Christopher said the low auction volumes indicated housing prices could to dip up to 4 per cent during the second half of this year.
- Campbell Kwan
June
Bidding wars for bakery and vet as investors chase affordable assets
A Bakers Delight shop in Rosanna in Melbourne’s north-east sold for $943,000 on a low 3.9 per cent yield after 40 bids at a portfolio auction.
- Larry Schlesinger
Tiny Sydney studio sells for $425,000 as clearance rate slides
A buyer from Dubbo snapped up one of Sydney’s smallest homes for just $425,000, but the city’s clearance rate fell to just 63 per cent, according to Domain.
- Larry Schlesinger
