According to data from the real estate research agency Cotality, a total of 1,781 properties in Australia's six capital cities participated in the auction last week, with a transaction rate of 48.8%. Although this figure is higher than the previous week's 45.4%, it has been hovering below 50% for the second week in a row.

According to data from real estate research agency Cotality, a total of 1,781 properties in Australia's six capital cities participated in the auction last week, with a transaction rate of 48.8%. Although this figure is higher than the previous week's 45.4%, it has been hovering below 50% for the second week in a row.