Price movements

Australian house and unit prices continue their upward trend this month, albeit at a slower pace. Both housing types saw a modest 0.2 per cent appreciation. However, the market is exhibiting greater diversity across states and regions, reflecting varying local economic conditions.

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Listing activity

At Ray White, we gauge upcoming listings through listing authorities - the point when a vendor signs an agent to sell their home.

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Auction insights

Australian auction clearance rates have improved in August, reaching 67.5 per cent. This exceeds 2022 levels but remains slightly below 2023 figures.

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