Richard Wagner, CEO of Morgan Stanley Australia, said auction clearance rates and other metrics are "quite alarming," which may suggest a downward pressure for pockets of the property market. He spoke to Shery Ahn and Haidi Stroud-Watts on Bloomberg: The Asia Trade.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-06-10/morgan-stanley-australia-ceo-on-property-market-outlook-video)

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