The week ending 19th June delivered a clearance rate of 82% (according to REIV data) from the 530 auctions that were reported across Victoria. At the same time last year, 431 auctions were reported and a clearance rate of 67% was achieved. 305 homes were sold at auction, 131 sold before auction, with 94 passed in. 31 properties were withdrawn from sale. As Nathan Mawby pointed out …
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