Sydney Property Market Sees Lowest Clearance Rate in Four Weeks
Sources indicate that investors are cautious about the current market, impacting auction clearance rates in Sydney and Melbourne. Sydney's clearance rate was 55.2%, the lowest in four weeks. Mr. Packer believes only F- investors are very cautious.
Topics
Developing
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Sources · 7 independent
2GB Sydney
“backing for the bid, and sources, Mr Packer believes that only F- investors are very cautious about the current market, and it's becoming increasingly present in the auction clearance rates in both Sydney and Melbourne. The clearance rate in Sydney 55.2% which sits at the lowest in four weeks.”
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