Why house buyers aren't biting

The pre-Easter rush brought a flood of properties up for sale over the past weekend. But buyers, aren’t biting - at least not with the same hunger as they were. The latest data shows auction clearance rates are in fact slumping. So has there been a dramatic shift in the balance of power between sellers and buyers? And what does it mean for the price of property?Carrington Clarke and ABC Business Editor Michael Janda break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.