@tomhawleymortgagebroker: Two out of three Brisbane vendors walked away from their own auction without a sale last weekend. Clearance rates bounced slightly this week, but that's like being on a sinking ship and celebrating that you sunk a little slower for the last hour. You're still sinking. The framework: under 60% is a falling market. Under 50% is rapidly falling. We've now had six straight weeks below 50%, against 68% this time last year, a run comparable to the GFC and COVID. Brisbane is at 23.5%, its weakest since April 2020. So when’s a good time to buy??? Well Westpac is saying to expect rate cuts second half of 2027. So probably any time between now and then 🙂

Tom Hawley

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Region: AU

Monday 13 July 2026 20:45:03 GMT