Subject: The residential auction market started 2026
⚡️ Highlights:
1. The residential auction market in 2026 started strongly after the summer break, with higher activity and clearance rates compared to the previous year. 2. The increase in auction activity may be a response to vendors looking to sell before potential downward pressure on prices from an expected cash rate increase in February. 3. Despite potential dampening factors like interest rates and affordability issues, the residential property market is showing resilience due to limited supply and strong demand. 4. Lower-value properties are increasing in price more rapidly than higher-value properties, driven by demand from first homebuyers and investors. 5. Confidence in the residential property market varies by state, with Western Australia having the highest confidence score, indicating expectations of rising property prices at a lower rate of increase.
✍️ Herron Todd White | Full Article
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