Summarised by Michael Yardney at Property Update here.
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Fewer auctions in Sydney this weekend, but nevertheless some seriously strong sales under the hammer. APM recorded a preliminary clearance rate of 83 percent for Sydney and 75.8 percent for Melbourne (Melbourne's weakest preliminary result since August).
RP Data, which tends to record weaker initial clearance rates, recorded a 78.4 percent clearance rate for Sydney and 74. 9 percent in Melbourne.