[theold]

Auction clearance rates have improved to levels last seen before interest rates began to rise, new data shows, as sellers reduce their expectations to get deals done in the market downturn.

Buyers are also returning to the market with a clearer idea of their budgets, as the initial shock of seven interest rate rises subsides, agents say.

https://www.theage.com.au/property/news/...5bvqc.html