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Dismal results for weekend auctions

Staff Reporter 1 minute read

Auction results over the weekend highlight a rapidly changing property market, with clearance rates down in most capital cities.

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In Sydney less than half the properties up for auction were sold; Brisbane registered a clearance rate of 31 per cent.

In Adelaide the auction clearance rates were down 30 per cent on the same time last year. Melbourne clearance rates were down by 10 per cent.

Published: 31-03-08

Dismal results for weekend auctions
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