Auction clearance rates up, up, up in a seller’s market

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The lazy summer season is gradually drawing to a close as financial markets continue their climb up the trajectory – and auction rates are no exception. Last week we saw volumes skyrocket to a huge 1,650 across Australian capital cities, up from 972 auctions the week prior. In the corresponding week last year, there were 1,129 auctions.

Source: RP Data

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