Property market continues at speed

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The auction market gained some speed last week as buyers and sellers from capital cities across the nation continued to settle into 2014. There was a total of 966 auctions held last week, with an average national clearance rate of 69.8%. This is a significant increase from this time last year, when auction volumes and clearance rates sat starkly lower at 667 and 55.4% respectively.

Source: RP Data

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