No ‘Big Short’ house price crash in auction results

Original article by Larry Schlesinger
The Australian Financial Review – Page: 3 : 29-Feb-16

Preliminary data shows that Sydney’s residential property market boasted an auction clearance rate of 73.3 per cent on the weekend of 27-28 February 2016, with 872 homes going under the hammer. The clearance rate in Melbourne was 75 per cent, with 1,327 properties up for sale. CoreLogic RP Data notes that the combined capital city clearance rate was higher than 70 per cent for the fourth week in a row.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, RP DATA LIMITED, FAIRFAX MEDIA LIMITED – ASX FXJ, AUSTRALIAN PROPERTY MONITORS PTY LTD, VARIANT PERCEPTION, APT CAPITAL MANAGEMENT PTY LTD, LF ECONOMICS

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