Melbourne's auction market recorded a lower clearance rate on Saturday at 65 percent compared to last weekend's 68 percent. The number of scheduled auctions, however, was still high at 1,715 up from last week's 1,406. The number of reported auctions was 1,303 while the total number of properties sold was 863. Total sales recorded was more than $692,640,000 while the median price was …
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