The spring auction market remains soft, although weekly clearance rates are so far holding steady, as the prospect of early interest rate relief for home buyers becomes more uncertain.
Preliminary results show the national auction clearance rate rose slightly to 65.8 per cent over the past week, marginally up from last week’s 63.4 per cent, according to CoreLogic.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
