Dossier
Australian homes
Coverage of Australian homes in the Nexus archive.
- Clearance rates hit six-year low as more than half of Australian homes up for auction fail to sell
Clearance rates in Australia’s capital cities fell to a six-year low, with 47.7% of homes sold at auction in the week ending 21 June, the lowest rate since April 2020. Preliminary data from Cotality indicates fewer than half of homes at auction found buyers.