Auction clearances show softening trend

Original article by Robert Harley
The Australian Financial Review – Page: 3 : 13-Jul-15

Preliminary data from APM PriceFinder shows that Sydney’s residential property market boasted an auction clearance rate of 80 per cent on the weekend of 11-12 July 2015. An usually high number of homes for the time of year went under the hammer, which might have influenced the lower clearance rate, according to Andrew Wilson of Domain. Melbourne’s preliminary clearance rate rose from 74.7 per cent to 79.2 per cent.

CORPORATES
AUSTRALIAN PROPERTY MONITORS PTY LTD, DOMAIN.COM.AU, FAIRFAX MEDIA LIMITED – ASX FXJ, CORELOGIC AUSTRALIA PTY LTD, COBDEN AND HAYSON, BIGGIN AND SCOTT PTY LTD, PETER BLACKSHAW REAL ESTATE, WESTON CREEK PTY LTD

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