Auction clearance rates continue to hover under 50% – as it happened
And so a whole bunch of factors, but also not one homogeneous market … The Treasury assumes that prices will continue to grow but a bit more slowly. And we see no reason at this point to change those assumptions.
- ▪And so a whole bunch of factors, but also not one homogeneous market … The Treasury assumes that prices will continue to grow but a bit more slowly.
- ▪And we see no reason at this point to change those assumptions.
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| Original publisher | World news | The Guardian |
| Canonical URL | https://www.theguardian.com/australia-news/live/2026/jun/28/australia-news-live-sunday-nsw-shark-spotting-drones-politics-ntwnfb |
| Publication time | Sun, 28 Jun 2026 03:46:39 GMT |
| Retrieval time | 2026-06-28T00:59:26.360Z |
| Last seen | 2026-06-28T05:25:12.286Z |
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Opening excerpt (first ~120 words) tap to expand
30m ago20.29 EDTAuction clearance rates remain below 50% nationallyCircling back to the treasurer’s appearance on Insiders, Jim Chalmers was quizzed over falling housing prices in the market – good news for those hoping to enter the market.He was asked if there was a point at which the federal government would be concerned prices have come down too far, for instance, a 10% drop.He said Labor wasn’t targeting a “particular price” or a “particular percentage” but it was right the market had softened, “though not uniformly”.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at World news | The Guardian.
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