The worst appears to be over for the Sydney and Melbourne property markets after yet another successful weekend of auctions.
Clearance rates — the proportion of properties sold at auction — ran home strongly for another straight week, and look to be the best in around two years for both cities.
Across the weekend, 78% of all Sydney homes and 74% of Melbourne’s sold, according to real estate platform Domain.
Clearance rates — the proportion of properties sold at auction — ran home strongly for another straight week, and look to be the best in around two years for both cities.
Across the weekend, 78% of all Sydney homes and 74% of Melbourne’s sold, according to real estate platform Domain.
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