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Australia’s auction market collapses, crushing house prices

August 5, 2022 - 13:30 -- Admin

CoreLogic’s auction results for July are out, with Australia recording an average final clearance rate of just 53% over the month – the worst result since the height of the pandemic in April 2020 (34%). Sydney’s average final auction clearance rate bombed to 52% in July, whereas Melbourne’s tanked to 54%: As regular readers know,

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