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2025-09-15 10:17:04
[Australia's real estate market is running steadily] Australia's real estate market continues to run steadily, supported by falling interest rates. Caitlin Ezzie, an economist at real estate research firm CoreLogic, said that the momentum of the spring sales season is increasing. Last week, a total of 2,455 houses were auctioned, setting a record since the first week of June. She added that the auction transaction rate has fallen slightly, and the combined transaction rate of capital cities fell to 74.8% last week, falling below the 75% threshold for the first time in five weeks. However, Ezzie emphasized that the current transaction rate remains strong, significantly higher than the winter average of 72.7%.
