Capital city clearance rates at 72.5%..........

October 29, 2013
Nandini Varma

29 Oct 2013:

Record crowds and energetic bidding rounded off one of the biggest auction weekends in housing markets across Australia's capital cities.A record number of more than 3,000 residential properties were auctioned across the country, with early figures from RP Data showing a 72.5 per cent capital city clearance rate, up from 70.4 per cent over the previous week.The biggest property auction Saturday in Melbourne's history provided buyers a choice of 1614 properties, with a clearance rate of 72.3 per cent.

Posted in: Property market

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