Auction activity typically slows during the mid-winter months of June and July before picking up again in spring. This year’s slowdown, however, is more pronounced than usual. The 46.0% clearance rate sits 21.9 percentage points below the 67.9% recorded in the same week of 2025, with volumes close to a fifth lower than a year earlier.<\/p>\n
Weekly clearance rate, combined capital cities<\/p>\n
Weekly auction clearance rate and 4-week average, July 2016 to July 2026<\/p>\n
Source: Cotality<\/p>\n
Auction volumes set to ease again this week<\/p>\n
An estimated 1,358 homes are scheduled for auction across the combined capitals this week, down 5.9% on last week’s 1,443 and 5.2% below the 1,432 held in the same week last year. It marks a second consecutive week of falling volumes.<\/p>\n
Melbourne again leads with 572 scheduled auctions, down 1.9% on last week and 8.9% below the 628 recorded in the same week of 2025. Sydney follows with 498 scheduled auctions, down 10.4% on both the previous week and the year-earlier figure, each of which stood at 556.<\/p>\n
Not all markets are slowing. Brisbane has 133 auctions scheduled, up 11.8% on last week’s 119 and 30.4% above the 102 recorded a year ago. Adelaide has 85 scheduled auctions, down 24.1% on last week’s 112 but still 13.3% above the 75 held in the same week last year. Canberra is unchanged from a year ago at 60 auctions, easing 4.8% on last week’s 63. Perth has 8 scheduled auctions, down from 10 last week and 9 a year ago, while Tasmania has two scheduled, up from none last week and matching year-ago levels.<\/p>\n
Cotality estimates around 1,300 auctions will be held next week, with roughly 1,200 scheduled for the week after.<\/p>\n","protected":false},"excerpt":{"rendered":"Auction activity typically slows during the mid-winter months of June and July before picking up again in spring.…\n","protected":false},"author":2,"featured_media":522516,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[1978,138,113908,240009,219,111,139,69],"class_list":["post-522515","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-auction","tag-business","tag-capital-cities","tag-clearance-rate","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/522515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=522515"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/522515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/522516"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=522515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=522515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=522515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}