Australia's auction clearance rate rises to 54.8 percent amid uncertainty
Australia's preliminary auction clearance rate rose to 54.8 percent last week, the highest in seven weeks. Analysts caution that this rebound may be misleading, reflecting fewer properties going to auction amid ongoing economic uncertainty. Sydney’s rate hit 57.5 percent, while Melbourne’s reached 56.2 percent, but both remain weak by historical standards.
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Published 13 Jul 2026, 05:20 UTC · Updated 13 Jul 2026, 05:30 UTC
Summary by OZbrief Editorial. Original report: SBS News – Australia. Editorial policy · Corrections
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