Melbourne's auction market has been fluctuating in recent weeks and this Saturday, its clearance rate slipped again to 62 percent compared to last weekend's 65 percent. The number of scheduled auctions also went down to 950 from 1,124 the previous week. As for the number of reported auctions, there were 727 with 461 properties sold. Total sales recorded was more than $378,321,000 while the …
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