Sydney clearance rates soft ahead of spring sale

Original article by Su-Lin Tan
The Australian Financial Review – Page: 3 : 23-Sep-15

The upcoming "Super Saturday" on 26 September 2015 will be a key test of the residential auction clearance rate in Sydney in Melbourne. Kim Quick of Herron Todd White says the fall in clearance rates can be partially attributed to the higher number of properties going under the hammer compared with the same time in 2014. Figures from Corelogic RP Data show that auction numbers have risen substantially year-on-year during September in both cities.

CORPORATES
HERRON TODD WHITE AUSTRALIA PTY LTD, CORELOGIC AUSTRALIA PTY LTD, RP DATA LIMITED, DOMAIN.COM.AU

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