Auction market chilled by rate hikes, reluctant sellers

Original article by Michael Bleby
The Australian Financial Review – Page: Online : 3-Sep-18

Corelogic has reported that the preliminary clearance rate for residential auctions in the week ending 1 September was at 58.2 per cent. Sydney had a preliminary clearance rate of 58.6 per cent, while Melbourne had a preliminary clearance rate of 59.1 per cent. Canberra had a preliminary clearance rate of 63.3 per cent, while Adelaide and Brisbane had preliminary clearance rates of 61.7 per cent and 45.9 per cent respectively.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, BELLE PROPERTY PTY LTD, RESERVE BANK OF AUSTRALIA, STOCKLAND – ASX SGP, JP MORGAN AUSTRALIA LIMITED

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