Sydney auction clearance rate falls to 48 percent, lowest since 2020
Sydney's auction clearance rate dropped to 48 percent in June, the lowest since April 2020, while Melbourne's fell to 52.3 percent, marking a decline since the year's start. Agents report weakening demand and fewer homes for sale. Despite recent stability, sellers must adjust price expectations to avoid further declines as spring approaches.
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Published 14 Jul 2026, 01:59 UTC · Updated 14 Jul 2026, 02:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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