Auction insights
Bidder participation at Ray White auctions maintained steady levels in June, with registered bidders averaging 4.2 per property and active bidders at 2.8 per auction. These figures represent consistent engagement patterns established through 2025, with approximately 67 per cent of registered participants actively competing in the bidding process.
The stability in bidder numbers, despite increasingly challenging affordability conditions, demonstrates serious buyer intent and sustained competitive pressure at individual sales. While participation levels remain below the pandemic-era peaks of 2021, current figures reflect a market where genuine buyers are competing decisively for available stock, supporting ongoing price growth momentum.
The ratio of active to registered bidders indicates strong buyer commitment, with most participants who attend auctions genuinely engaged in the purchasing process. This sustained level of competition, combined with severely constrained listing volumes, continues to create the market dynamics necessary for robust clearance rates and ongoing price appreciation across most markets.
Bidder participation at Ray White auctions maintained steady levels in June, with registered bidders averaging 4.2 per property and active bidders at 2.8 per auction. These figures represent consistent engagement patterns established through 2025, with approximately 67 per cent of registered participants actively competing in the bidding process.
The stability in bidder numbers, despite increasingly challenging affordability conditions, demonstrates serious buyer intent and sustained competitive pressure at individual sales. While participation levels remain below the pandemic-era peaks of 2021, current figures reflect a market where genuine buyers are competing decisively for available stock, supporting ongoing price growth momentum.
The ratio of active to registered bidders indicates strong buyer commitment, with most participants who attend auctions genuinely engaged in the purchasing process. This sustained level of competition, combined with severely constrained listing volumes, continues to create the market dynamics necessary for robust clearance rates and ongoing price appreciation across most markets.
Ray White auction clearance rates demonstrated exceptional strength in June, reaching approximately 72.0 per cent, marking a significant improvement from recent months and substantially outperforming both 2023 and 2024 levels for the corresponding period. This performance represents one of the strongest clearance rates recorded this year, reflecting the powerful combination of limited property supply and strengthened buyer confidence.
The improvement in clearance rates coincides directly with the interest rate cutting cycle, which appears to be supporting purchaser confidence and competitive tension at auctions. The June result positions 2025 performance well above historical averages, indicating a market responding positively to improved financing conditions and expectations of further monetary policy easing.
This strengthening trend suggests the auction market has found renewed momentum following the initial rate cuts, with buyers demonstrating increased commitment to securing properties amid ongoing supply constraints. The trajectory indicates auction performance may continue strengthening through the remainder of 2025, particularly as further interest rate reductions materialise and buyer capacity improves across most market segments.
Ray White Group’s sales performance in June reached $7.4 billion, representing a seasonal decline from peak autumn levels but maintaining elevated baselines established through 2025’s strong opening months. The figure reflects both continued price appreciation and steady transaction volumes across most markets, particularly in the high-growth cities of Perth, Adelaide, and Brisbane.
The June result aligns with typical seasonal patterns as the market transitions into the traditionally quieter winter months, yet remains substantially above corresponding periods in previous years. Despite some seasonal moderation in transaction volumes, the sustained price growth across all major markets has supported overall sales values, demonstrating the underlying strength of current market conditions.
With interest rates now firmly in their cutting cycle and further reductions anticipated before year-end, this momentum appears well-positioned to continue through the traditionally quieter winter period ahead. The substantial improvement since January highlights growing market confidence following the first interest rate reductions in over three years, with expectations of additional monetary policy easing providing continued support for sales activity.
Ray White listing authorities provide crucial forward-looking insight into market supply trends, representing properties signed for sale but not yet marketed. June data shows 6,853 authorities compared to 6,972 in June 2024 and 6,741 in June 2023, indicating modest supply levels ahead but tracking marginally below 2024’s stronger performance.
The annual comparison reveals 2025 has generally maintained similar levels to previous years, though consistently running slightly behind 2024’s robust figures throughout most months. The first half of 2025 shows authority levels ranging from 6,853 to 7,969, compared to 2024’s stronger range of 6,972 to 8,289, suggesting more cautious vendor sentiment this year.
While listing authorities remain relatively stable compared to the dramatic decline in actual listings, the modest shortfall versus 2024 indicates vendors may be exercising greater caution before committing to market their properties. This suggests any increase in spring listing activity may be more measured than in previous years, maintaining support for ongoing price growth momentum as the fundamental supply-demand imbalance persists across most markets.
