根据房地产研究机构 Cotality 的数据，澳洲春季房地产拍卖季在房源大幅减少的背景下开局，周末各大首府城市仅有近 1,500 套房屋进行拍卖，较去年同期减少了 31%，显示在 5 月政府调整房地产税政策后，房市交易活动正明显降温。

尽管拍卖总量连续四周相比 2025 年同期低逾 30%，但拍卖清算率基本维持稳定，其中雪梨的清算率升至 18 周新高的 57.7%，共有 523 套房屋拍卖， Cotality 预计未来两周拍卖市场活动将有所回升，月底拍卖量可能达到约 1,900 套。

彭博经济研究经济学家 James McIntyre 指出，受到澳洲央行连续升息、伊朗战争影响以及政府税制改革的冲击，买家信心受到严重动摇，澳洲房地产下行周期通常从峰值到低谷平均持续 11 个月，预估本轮低迷行情将一路延续至 2027 年第一季。

Australia's spring property season kicked off with significantly fewer homes going under the hammer, as nearly 1,500 properties were taken to auction across capital cities this weekend, marking a 31% decline from a year earlier and signaling cooling activity following government property tax changes in May.

Although auction volumes remained down by more than 30% compared to 2025 levels for the fourth consecutive week, clearance rates held broadly steady, with Sydney's rate rising to an 18-week high of 57.7% across 523 auctions, while Cotality expects activity to rebound toward around 1,900 auctions by the end of the month.

James McIntyre, an economist at Bloomberg Economics, noted that back-to-back interest rate hikes by the Reserve Bank, the fallout from the Iran war, and tax reforms have severely shaken buyer confidence, warning that the housing market downturn will likely continue into the first quarter of 2027 based on typical cycle durations.