Yesterday's auction recorded a clearance rate of 77 percent compared to last year's 73 percent during the same weekend. This weekend, a total of 754 auctions were reported to the Real Estate Institute of Victoria (REIV) with 584 selling and 170 being passed in. Of the total passed in, 72 were on a vendor bid. As of this period, more than 22,000 auctions have been held this year alone. The figure …
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