Buyers and sellers buckle up for the biggest correction in 40 years - The Australian Financial Review

Vendors are discounting, clearance rates are falling along with listings of homes for auction as unsold stockpiles up. But bargain hunters are also getting more cautious and nobody wants to get caught overpaying.

There is nothing that would suggest were about to see a shift between the buyer and seller balance. Its still pointing to the fact that we are seeing buyers becoming more empowered as we see [total] … [+3337 chars]

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