CoreLogic has released an interest report assessing the slump in Australia’s auction market, where clearance rates nationally have fallen to levels not seen since 2012, and explaining why dwelling values are likely to continue falling:
The last time auction conditions were quite this sombre was in 2012, over what was the last significant market downturn, highlighting the correlation between property values and clearance rates as a timely indicator on market conditions and sentiment…
Combined Capital Cities
