Australian Property Market Sees Persistent Low Auction Clearance Rates

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Australia's national auction clearance rate remains below 50%, indicating a mismatch between buyer and seller expectations and a market downturn.
Experts cite affordability, interest rates, investor pullback, and increased listings as key factors.

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Australia's national auction clearance rate remains below 50%, indicating a mismatch between buyer and seller expectations and a market downturn. Experts cite affordability, interest rates, investor pullback, and increased listings as key factors.

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