Original article by Mercedes Ruehl
The Australian Financial Review – Page: 40 : 30-Mar-15

Sydney’s residential property market boasted an auction clearance rate of 87.5 per cent on the weekend of 28-29 March 2015, according to Domain Group. More than 1,100 homes went under the hammer, with many selling for prices well above their reserve. The preliminary clearance rate in Melbourne was 78.5 per cent, while RP Data’s figures show that the preliminary weighted average clearance rate nationally was 77.5 per cent

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