Buyer’s market? Melbourne auctions hit their lowest level since lockdown - The Age


7/8/2022 12:00:00 AM2 years 9 months ago
by Melissa Heagney

Melbourne’s auction clearance rate has turned in favour of buyers, and experts say property prices have further to fall. How low will they go?

Commonwealth Bank head of Australian economics, Gareth Aird, said interest rate hikes meant clearance rates would continue to decline, though he would not make any predictions on how low they would g… [+2531 chars]

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