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Australia Home Auction Clearances Hit 10-Week Low as Rate Hike Looms
Source: Bloomberg
Housing & Real EstateInterest Rates & YieldsInvestor Sentiment & Positioning
Australia's property auction clearance rate fell to a 10-week low, reflecting weaker buyer sentiment. Melbourne's long weekend and the prospect of higher borrowing costs weighed on housing-market activity, signaling near-term demand pressure rather than a broad market-moving event.
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