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Auction market crashes as “fear of missing out” evaporates

September 29, 2024 - 14:04 -- Admin

Last weekend recorded the lowest final auction clearance rate of 2024, with only 60.7% of homes selling across the combined capital cities. The result was also 5.4 percentage points below the success rate seen in the same weekend last year (66.1%). In Melbourne, 1,335 homes were auctioned last weekend, the busiest week of the year

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