Research

Clearance rates fell further in April to reach the lowest point on record at 29.7 per cent. The monthly result is 20.4 percentage points lower than March and 19 percentage points below last year.

Clearance rates fell further in April to reach the lowest point in 15 years at 36.3 per cent. The monthly result is 17.6 percentage points lower than March and 14 percentage points below last year.

The coronavirus crisis has opened the door for bold reforms, but it's unlikely to happen due to a low level of trust in government and recent lessons.

Australian population growth is likely to slow to the lowest rate since the Second World War in 2020 due to lower immigration. What does this mean for property prices and housing construction?

Most tenants who have their incomes cut will be able to continue to pay their rent during the crisis due to the federal government financial support packages and state government assistance. But the support packages aren't perfect and many renting households will slip through the cracks.

The RBA made no changes to its unprecedented stimulus package announced two weeks ago, but there is scope for more aggressive action if the economic downturn is deeper and longer than expected.

April 4 was due to be the busiest Saturday of the year for Melbourne's auction market. But Saturday's auction clearance rate dropped to a record low as a surge of vendors withdrew from auction.

Saturday's auction clearance rate dropped to a near-record low as a surge of vendors withdrew from auction in response to the government banning on-site auctions.

Melbourne’s auction clearance rate for March was 52 per cent, the lowest monthly result since April 2019.

The temporary ban on holding onsite auction gatherings changed the way property is transacted overnight.