The week ending 7th November delivered a clearance rate of 82% from the 839 auctions reported for the period (based on REIV data). At the same time last year, there were 466 auctions reported. 476 homes sold at auction last week and another 209 sold prior to auction, with 153 passed in. 47 properties were withdrawn from sale and 83 auctions were postponed. Looking to buy in Melbourne …
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