NewsBite

Downsizers pay $130,000 above reserve for villa as auctions slow

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Sydney and Melbourne auction volumes have fallen for a second consecutive week in what could be an early sign housing prices will fall later this year, experts say.

Sydney auctions declined by 18 to 581, while Melbourne volumes dropped from 730 to 620, Domain data shows.

Loading...
Campbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Residential

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/residential/downsizers-pay-130-000-above-reserve-for-villa-as-auctions-slow-20240714-p5jth0