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2026-09-17 10:38:10
[Signs of Recovery in Australian Housing Market: Auction Clearance Rate Rises to 52.6%, a 19-Week High] (1) While it is difficult to find signs of vitality in the Australian housing market at present, such signs do exist. (2) According to the property research group Cotality, the housing auction clearance rate gradually improved last week, rising from 49.3% the previous week to 52.6%, the strongest performance in 19 weeks. (3) The clearance rate improved despite an increase in the number of auctions held in capital cities from 1,431 the previous week to 1,585. (4) With rising interest rates, house prices are weakening, and this downward trend is expected to continue in the coming months.
