{"id":11164,"date":"2018-01-27T10:30:43","date_gmt":"2018-01-26T21:30:43","guid":{"rendered":"http:\/\/propertynoise.co.nz\/au\/?p=11164"},"modified":"2018-01-27T10:33:08","modified_gmt":"2018-01-26T21:33:08","slug":"people-scared-softening-market-drags-auction-numbers","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/people-scared-softening-market-drags-auction-numbers\/","title":{"rendered":"&#8216;People are scared&#8217;: Softening market drags down auction numbers"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0Sydney clearance rates have been trending down since mid year.\u00a0<span class=\"photographer\">Photo:\u00a0Steven Woodburn.<\/span><\/strong><\/p>\n<div class=\"inner-container\">\n<div class=\"social-stick\">\n<div class=\"domain-article-content-body \">\n<p>Sydney\u2019s property market\u00a0summer hangover isn\u2019t showing signs of abating, with weaker than usual auction numbers kick-starting the year.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>The number of homes that will go under the hammer this weekend is down by more than 60 per cent compared to the same time in the past two years.<\/p>\n<p>The clearance rate is down to 50 per cent after only\u00a0<a href=\"https:\/\/www.domain.com.au\/auction-results\/sydney\/\">half of the 26 homes listed for auction last weekend sold<\/a>.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.domain.com.au\/news\/sydneys-softening-property-market-dragging-down-number-of-auctions-20180122-h0ma75\/?benref=smh\">DOMAIN<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0Sydney clearance rates have been trending down since mid<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/people-scared-softening-market-drags-auction-numbers\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":11165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098730,478098512,478098519,478098535,478098522,478098556,478098513,478098579,478098510,478098514,478098511,478098533,478098509,478098532,478098536,478098618],"class_list":["entry","author-data123nz","post-11164","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auctions","tag-australia","tag-home-ownership","tag-house-prices","tag-interest-rates","tag-nsw","tag-property","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agent","tag-real-estate-news","tag-realtor","tag-sydney","tag-sydney-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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