More selling
This should alleviate some the fears of a supposed runaway housing market, with well over 3,100 willing sellers bringing their homes to auction this weekend.
Strong results again in Sydney, but median prices were no higher than a year ago as the pool of buyers was more effectively dispersed.
Source: Domain
With so few results reported in the preliminary figures the final clearance rates will be considerably lower, probably in the mid-to-high 70s.