Sydney home sells for $370k above guide as auctions take off
Eager buyers are keeping pace with the expanding supply of homes listed for sale, snapping up around three-quarters of the 2044 homes auctioned at the weekend and last week, the highest volume to go under the hammer so far this year.
The national clearance rate hit 75.4 per cent, down just slightly from the previous week’s result of 76.2 per cent – on a lower volume of 1642 listed auctions – which was revised down to 70.3 per cent on final numbers, according to CoreLogic’s preliminary numbers.
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