The auction market is slowing.
Market View
Rate cuts to bolster weaker Melbourne auction market
Melbourne’s late autumn weekend home auction market recorded a weaker result at the weekend, with no sign yet of an increase in buyer activity following last week’s cut in interest rates.
Lower result for Sydney auctions with no rate cut bounce – yet
The Sydney auction market reported a lower result on Saturday.
Melbourne auction market still robust as rates and taxes are cut
The Melbourne home auction market reported another healthy clearance rate last weekend.
The Budget and rate cut positive for housing markets
Monetary and fiscal policies melded yesterday for an unprecedented double-act of co-ordinated economic stimulus.
Auction markets weaken over April
Home auction markets weakened over April with most capitals reporting falling clearance rates compared to the previous month.
RBA cuts interest rates
The Reserve Bank has, perhaps predictably, decided to cut official interest rates.
Big test for property market amid uncertainty ahead of Budget
Sydney will host its second highest Saturday of auctions this year.
Melbourne auction market to shatter April records
The auction market is set to finish April on a high.
Sydney home auction market on the slide
The Sydney auction market continues to fall behind.