This weekend's auction recorded a clearance rate of 77 percent, similar to last weekend. A total of 502 auctions were reported to the Real Estate Institute of Victoria (REIV) with 387 selling and 115 being passed in. Of the total passed in, 45 were on a vendor bid. The total number of auctions was also lower by 45 compared to last weekend's figure. Meanwhile, 74 properties were sold prior to …
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