Why are fewer property vendors choosing auctions according to Cotality?

Cotality stated that vendors are retreating from auctions as a primary method of sale because of weaker clearance rates across the country. Industry experts attribute this specific vendor retreat to the ongoing property downturn in major capital markets.

What is the current drop in national auction volumes reported by Cotality?

Data provider Cotality reported that Australian national auction volumes fell 19.2 per cent year-on-year to 1,273 listings. This marks the eleventh consecutive week where auction volumes were lower relative to the previous year.

What is the preliminary national property clearance rate published by Cotality?

The preliminary national clearance rate tracked by Cotality remained weak at 53.6% across Australia. Market analysts stated this low success rate and reduced scheduled activity is typical of a broader property market downturn.

Which major geographic markets are driving the vendor retreat tracked by Cotality?

Industry experts attribute the current vendor retreat identified by Cotality directly to weaker property clearance rates across the major capital city markets of Sydney and Melbourne.

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Australian national auction volumes down 19.2%

Q: How much has demand for new home loans dropped at National Australia Bank (ASX:NAB)?

National Australia Bank (ASX:NAB) revealed that overall demand for new home loans dropped 15% over a three-month period.

Written by Liezl GambePublished Aug 2, 2026, 10:12 PM

National auction volumes in Australia dropped by nearly 20% year-on-year to 1,273 listings.
The preliminary national clearance rate remained weak at 53.6% across the country.
Cotality stated that fewer vendors are choosing auctions as a primary method of property sale.

Data provider Cotality reported that national auction volumes in Australia fell 19.2% year-on-year to 1,273 listings.

This represents the eleventh consecutive week where auction volumes were lower relative to the previous year.

"That is typical of a downturn," said SQM Research founder Louis Christopher.

National Australia Bank (ASX:NAB) previously revealed that overall demand for new home loans dropped 15% over three months.

Following the announcement, the NAB share price was unchanged at $41.33.

Industry experts attribute the current vendor retreat to weaker clearance rates across major markets like Sydney and Melbourne.

Australian national auction volumes down 19.2%

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