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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.

First seen · 7:00 PM UTCMay 11, 2026

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The Sydney Morning Herald
Center-LeftNine Entertainment
Why the auction market just weakened to downturn-era levelsThe 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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