Clearance rates in Australia’s capital cities have fallen to a six-year low, with fewer than half of homes at auction finding buyers. Preliminary data from Cotality shows 47.4% of homes that went to auction sold in the week ending Sunday 21 June.
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More households are shifting from interest to action on home electrification, with new Commonwealth Bank data showing strong growth in solar and battery finance across the first nine months of the current financial year.
Home prices in Australia’s capital cities have begun to fall, with experts predicting the decline could last at least a year and wipe as much as 10% from values. The median capital city home price fell ...