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Auction collapse code red for Sydney house prices

December 7, 2024 - 00:10 -- Admin

Sydney’s housing market is in a slump as 2024 draws to a close, with auction clearances and values declining simultaneously. CoreLogic’s final auction results for last weekend showed that Sydney recorded its sixth consecutive weekly result below 60%. Sydney’s final clearance rate was 58.2% last weekend, down from the 59.0% recorded prior week. One year

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