Australia has a unique love affair with house auctions. Is it starting to come to an end?

Recent falls in auction clearance rates has resulted in dramatic media headlines. But what does the data say about property sales? Get our breaking news email, free app or daily news podcast It’s almost a national pastime. Every weekend on streets and in cul-de-sacs, they’ll be agent, often in a blue suit, reciting the familiar cry. “I have $900,000, can I get $910,000? Nine ten, now twenty. Twenty, can I say thirty? Give me thirty, thirty …” they cry, traditionally amid a throng of people…