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Sydney Morning Herald
Sydney Morning Herald
AsiaPac · 1 hrs ago
72◉ Centre
Why the auction market just weakened to downturn-era levels
72Accuracy
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AI Analysis
Accuracy 72/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Australian auction clearance rates have fallen to levels last seen during the housing downturn, though current market conditions differ from that period in some way.

🔒www.smh.com.au
Score: 72Opens in app
Why the auction market just weakened to downturn-era levels
The last time clearance rates hit these levels, house prices were falling at the fastest pace on record - although there’s a key difference.
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