Australia: Melbourne auction market ends autumn on a high

Realopedia Global Real Estate Portal

" The remarkably consistent Melbourne weekend auction market ended autumn on a high note, recording its highest clearance rate since April 16 – seven weekends ago.

Melbourne reported a clearance rate of 75.2 per cent on Saturday, which was higher than the 73.8 per cent recorded over the previous weekend but below the 82.8 per cent recorded over the same weekend last year during the exceptionally strong market conditions at that time."

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Source : Australia: Melbourne auction market ends autumn on a high