After another weekend of strong auction results across the state, one conclusion is unavoidable: the property market still runs on fundamentals, not bureaucracy.
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At this time of year, auction volumes are still relatively low, which means clearance rates can offer some insight into market sentiment — but they rarely tell the whole story.
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The first auction directions for the year are now over, and while the volume of auctions was far from significant, they’ve given us an early pulse on how 2026 might shape up.
To be clear, this was not a large or statistically meaningful sample size. However, markets are forward-looking beasts, and even small data sets can offer clues about sentiment. In that context, an 84% clearance rate, despite the limited number of auctions, is notable. On its own it doesn’t tell us much—but in combination with broader conditions, it does tell us something.
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