Sydney Auctions Hit Lowest Point Since December 2022 as Clearance Rates Plummet
Tuesday, 8 October 2024
Sydney's auction market experienced a significant downturn last week, with the preliminary clearance rate falling to the lowest level since December 2022. This decline contributed to a weaker overall capital city result, despite a slight increase in auction activity in Melbourne. Other smaller capital cities like Brisbane and Adelaide also saw mixed results.
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