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Auction clearances weaken further, prices to follow

September 17, 2018 - 00:10 -- Admin

CoreLogic released its auction report yesterday, which reported a sizeable fall in the preliminary national auction clearance rate to 55.0% from 59.1% last weekend (later revised down to 55.3%). The preliminary clearance rate was also way below the 66.7% recorded in the same weekend of last year: Auction volumes nationally were 1,985 – way below

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