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The RBA took the cash rate another 50 basis points higher at the September board meeting, citing ongoing inflationary pressures amidst tightening labour market. The

After trending lower for three consecutive weeks, auction activity rose slightly this week, with 1,667 homes taken to auction across the combined capital cities.

Capital city auction activity and preliminary clearance rates inch higher ahead of the spring selling season

Auction activity reduced this week, with 1,530 auctions held across the combined capitals. The previous week saw 1,791 homes auctioned, while this time last year, 1,881 capital city auctions were held.

Capital city auction activity continued to rise this week, with 1,825 homes auctioned across the combined capitals.

Sydney’s preliminary clearance rate dips below the 70% mark for the first time since mid-March (69.1%)

There were 2,050 homes taken to auction across the combined capital cities this week, down -15.6% from last week (2,429), and -31.2% lower than this

Preliminary capital city clearance rate holds above 70% for the 11th week as the volume of auctions rises

Capital city auction activity continued to ease for the third consecutive week, with just 1,418 homes actioned across the combined capitals this week.

The combined capitals hosted a quieter auction week with the number of auctions reducing to 1,790 this week, down -8.0% from the 1,945 held last week and -24.3% below the 2,364 held this week last year.