This weekend's auction in Melbourne achieved a 79 percent clearance rate, higher than last weekend's 75 percent rate and last year's 70 percent on the same weekend. The Real Estate Institute of Victoria (REIV) recorded a total of 671 auctions this 25th of July weekend amounting to $227.72 million. Of the total figure, 531 were selling and 140 being passed in with 54 on a vendor bid. 94 …
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