As Melbourne auctions collapse, for sale listings explode

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By Leith van Onselen

Melbourne’s housing market looks to be in deep trouble.

At the same time as the city’s auction clearance rate has crashed deep into the 40s – plunging more than 20% over the past year:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.